The Basel Committee on Banking Supervision issued the second set of frequently asked questions (FAQ) and answers on the liquidity coverage ratio (LCR) under Basel III. The published answers are in response to a number of interpretation questions received by the Basel Committee related to the January 2013 publication of the LCR standard.
The new Q&A have been combined with those published in April 2014 and are grouped according to the paragraph number of the related issue in the LCR framework. The Basel Committee periodically reviews FAQs and publishes answers, along with any necessary technical elaboration of the rules text and interpretative guidance, to promote consistent global implementation of these requirements.
Keywords: International, Banking, Basel III, BCBS, LCR, FAQ
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