HKMA warns banks not to weaken liquidity profile to benefit from LCR phase-in

Hong Kong regulator to consult banks on new LCR this quarter and assess level playing field implications before deciding on whether to adopt a phased approach

Hong Kong protection

Despite a raft of changes to the composition and timing of the Basel III liquidity coverage ratio (LCR), the Hong Kong Monetary Authority (HKMA) does not want its banks to substantially dilute their liquidity base to take advantage of a phased approach.

The Basel Committee announced on January 6 that banks could adopt a staggered LCR whereby 60% of the buffer would be met in 2015 to be phased in at 10% increments until 2019, but the option is always open to individual regulators to adopt a

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 copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here