The Monetary Authority of Singapore
("MAS") has issued a consultation paper
on its proposals on liquidity coverage ratio disclosure
requirements. Closing date for feedback is 9 November
2015.
In November 2014, MAS updated its liquidity regulations for
banks. In particular, the liquidity coverage ratio
("LCR") requirement was introduced for
domestic systemically important banks in Singapore. MAS is now
consulting on a set of proposed disclosure requirements to
complement the LCR requirement.
The proposed disclosure requirements closely mirrors those
promulgated by the Basel Committee on Banking Supervision for
internationally active banks, which comprises a common LCR
disclosure template to promote consistency and comparability of
liquidity disclosures by banks and accompanying qualitative
disclosures to help users understand the information published by
banks. It also includes guidance on additional qualitative and
quantitative disclosures that banks are
