Featured Product

    Central Bank of Bahamas Consults on Liquidity Reforms Under Basel III

    December 24, 2018

    The Central Bank of Bahamas proposed to implement liquidity coverage ratio (LCR) and net stable funding ratio (NSFR) in Bahamas. As part of the consultation process, the Central Bank of Bahamas also published a Liquidity QIS Template. The consultation period will run from December 27, 2018 to February 28, 2019.

    The discussion paper outlines the approach of the Central Bank of Bahamas for implementing the LCR and NSFR frameworks. The proposals detail:

    • What will qualify as High Quality Liquid Assets (HQLA)
    • The calculation and requirements for LCR and NSFR
    • The approach to implementing enhanced liquidity monitoring tools

    The liquidity rules introduced by BCBS provide supervised financial institutions with a credible and comprehensive framework for managing liquidity risks in their day-to-day operations. They allow bank supervisors to monitor liquidity risks in a timely and more effective manner. Although the Basel standard is intended for much more complex banking systems and capital markets, the proposed Bahamian liquidity standards will be much simpler and less costly to comply with. This is in keeping with the Central Bank of Bahamas' intent to develop prudential policies and regulations that balance safety, efficiency, and competitiveness in the Bahamian banking system, while promoting financial system stability.

     

    Related Links

    Comment Due Date: February 28, 2019

    Keywords: Americas, Bahamas, Banking, Basel III, LCR, NSFR, Liquidity Monitoring Tools, Liquidity Risk, BCBS, Central Bank of Bahamas

    Featured Experts
    Related Articles
    News

    EBA Updates List of Validation Rules for Reporting by Banks

    EBA issued a revised list of validation rules with respect to the implementing technical standards on supervisory reporting.

    September 10, 2020 WebPage Regulatory News
    News

    EBA Responds to EC Call for Advice to Strengthen AML/CFT Framework

    EBA published its response to the call for advice of EC on ways to strengthen the EU legal framework on anti-money laundering and countering the financing of terrorism (AML/CFT).

    September 10, 2020 WebPage Regulatory News
    News

    NGFS Advocates Environmental Risk Analysis for Financial Sector

    NGFS published a paper on the overview of environmental risk analysis by financial institutions and an occasional paper on the case studies on environmental risk analysis methodologies.

    September 10, 2020 WebPage Regulatory News
    News

    MAS Issues Guidelines to Promote Senior Management Accountability

    MAS published the guidelines on individual accountability and conduct at financial institutions.

    September 10, 2020 WebPage Regulatory News
    News

    APRA Formalizes Capital Treatment and Reporting of COVID-19 Loans

    APRA published final versions of the prudential standard APS 220 on credit quality and the reporting standard ARS 923.2 on repayment deferrals.

    September 09, 2020 WebPage Regulatory News
    News

    SRB Chair Discusses Path to Harmonized Liquidation Regime for Banks

    SRB published two articles, with one article discussing the framework in place to safeguard financial stability amid crisis and the other article outlining the path to a harmonized and predictable liquidation regime.

    September 09, 2020 WebPage Regulatory News
    News

    FSB Workshop Discusses Preliminary Findings of Too-Big-To-Fail Reforms

    FSB hosted a virtual workshop as part of the consultation process for its evaluation of the too-big-to-fail reforms.

    September 09, 2020 WebPage Regulatory News
    News

    ECB Updates List of Supervised Entities in EU in September 2020

    ECB updated the list of supervised entities in EU, with the number of significant supervised entities being 115.

    September 08, 2020 WebPage Regulatory News
    News

    OSFI Identifies Focus Areas to Strengthen Third-Party Risk Management

    OSFI published the key findings of a study on third-party risk management.

    September 08, 2020 WebPage Regulatory News
    News

    FSB Extends Implementation Timeline for Framework on SFTs

    FSB is extending the implementation timeline, by one year, for the minimum haircut standards for non-centrally cleared securities financing transactions or SFTs.

    September 07, 2020 WebPage Regulatory News
    RESULTS 1 - 10 OF 5796