Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this. Please read our Privacy Policy.

Accept
Blog article
See all stories ยป

Group

Financial Services Regulation

BCBS consults on Liquidity Coverage Ratio

 

The Basel Committee on Banking Supervision (BCBS) has published a
consultation paper on Liquidity Coverage Ratio (LCR) disclosure
standards.  It is considered that public disclosure improves transparency,
reduces uncertainty in the markets and strengthens market discipline.  It
is important that banks adopt a common disclosure framework to help market
participants consistently assess the liquidity risk position of banks.

 The BCBS has agreed that internationally active banks across Basel member
jurisdictions will be required to publish their LCR according to a common
template.

The disclosure requirements set out:

  • requirements on the scope of application, implementation date, and the frequency and location of reporting.  Banks must publish disclosures with the same frequency as and concurrently with the publication of their financial statements, irrespective of whether the financial statements are audited;
  • requirements for the disclosure of LCR and include a common template that banks must use to report their LCR results and select details of the LCR components.  Data must be presented as simple averages of daily observations over the previous quarter.  With both un-weighted and weighted values of the LCR being disclosed; and
  • additional guidance on other information that banks may choose to disclose in order to facilitate understanding and awareness of their internal liquidity risk measurement and management.

Comments are requested by 14 October 2013.

 Related Link:

http://www.bis.org/publ/bcbs259.pdf

Group

Financial Services Regulation
Report abuse

Comments: (0)

Join the discussion

Retired Member

Member since

19 Mar

Location

Blog posts

3,825

Comments

4,733

More from Retired

This post is from a series of posts in the group:

Financial Services Regulation

This network is for financial professionals interested in staying up to date on financial services regulation happening anywhere in the world. CFOs, bankers, fund managers, treasurers welcome.

See all
Community
See all Blogs »
Financial Services Regulation 

Brand Protection: Combating Online Counterfeit with AI

Brandon Li

Brandon Li

Financial Services Regulation 

GDPR and Onboarding

Fabio Urso

Fabio Urso

Financial Services Regulation 

Assessing the Impact of Global AML & Sanctions Fines

Laura Glynn

Laura Glynn

Financial Services Regulation 

Mapping your journey to IFRS17 compliance

Henri Wajsblat

Henri Wajsblat