Large and complex banks face LCR reporting migraine
Repo, collateral and legal entities pose obstacles to liquidity reporting, say panellists at event
Liquidity reporting under the liquidity coverage ratio (LCR) is a headache for large banking groups with sizeable securities businesses and myriad legal entities, heard delegates at the Liquidity & Funding Risk Europe conference in London on September 21.
“The more complex a business model you have, the more difficult it is to operationally implement things in terms of filling in these forms, having all the correct methodologies, and testing procedures to do it,” said Meryl Harland, a senior
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