US banks anticipate fresh guidance on resolution liquidity
Consultation in first half of 2020 expected to clarify intra-group and forecasting requirements
US prudential agencies are likely to prioritise resolution-planning liquidity guidance in a review of existing requirements, which is considered urgent following last September’s repo market volatility, Risk.net has learned.
Federal Reserve chairman Jerome Powell told a press conference on January 29 that regulators were “well along” with this review of liquidity rules.
Although bankers tend to finger other items as the main contributors to tight market conditions, market participants say
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