The Liquidity Coverage Ratio proposal — questions and answers
On 24 October 2013, the Federal Reserve, followed on 30 October by the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC), released a proposed rule that would apply a Liquidity Coverage Ratio (LCR) to certain US banking organisations. Currently, US banking regulations do not impose a quantitative liquidity requirement on […]