Leave liquidity rules out of Basel III legislation, says EBF
Industry group fears European Union legislative process will set LCR and NSFR flaws in stone
The European Banking Federation (EBF) has called on European Union law-makers to exclude the Basel Committee's liquidity coverage ratio (LCR) and net stable funding ratio (NSFR) from the legislative process, claiming the two measures could have severe, unintended effects on the banking sector and wider economy.
"The liquidity proposals set out by the Basel Committee are extremely conservative, and their impact on European banks and the wider economy has not been fully tested," says Wilfried
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net