Basel oversight committee endorses revised liquidity standards

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Basel oversight committee endorses revised liquidity standards and extends fully phased-in compliance to 2019 - .PDF file.

On 6 January, the Group of Central Bank Governors and Heads of Supervision, the oversight body for the Basel Committee on Bank Supervision, endorsed a revised formulation of the new minimum liquidity standard, known as the liquidity coverage ratio, one of two quantitative liquidity measures approved in December 2010 as part of Basel III.

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