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ARTICLE · 13 NOVEMBER 2018

EU Amending Legislation Published For Liquidity Coverage Requirement

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On October 30, 2018, an Amending Regulation supplementing the Capital Requirements Regulation was published in the Official Journal of the European Union, following its adoption in July 2018 ...

European UnionFinance and Banking
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On October 30, 2018, an Amending Regulation supplementing the Capital Requirements Regulation was published in the Official Journal of the European Union, following its adoption in July 2018 by the European Commission. The Amending Regulation, which relates to the Liquidity Coverage Requirement for credit institutions, makes changes to the existing Delegated Regulation on the LCR with the objective of improving its practical application. The existing Delegated Regulation sets out detailed requirements on the LCR and specifies which assets are to be considered as liquid (so-called high quality liquid assets) and how the expected cash outflows and inflows over a 30-day stressed period are to be calculated.

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