SBIF Amends Standards for Management of Liquidity Position by Banks
SBIF published a set of amendments to the "Management and Measurement of the Liquidity Position" standards. These standards are contained in Chapters 12-20 of the Updated Compilation of Standards as well as in the normative files corresponding to the liquidity situation of the Information System Manual (MSI). The adjustments are described in Circular No 3.644. Additionally, SBIF published frequently asked questions (FAQs) related to the changes in "Management and measurement of the liquidity position."
The amendments are related to the incorporation of changes made in Chapter III.B.2.1 of the Compendium of Financial Regulations of the Central Bank of Chile and the introduction of some adjustments to the calculation scheme of the liquidity coverage ratio (LCR) and the net stable funding ratio (NSFR), among others. The consultation on the amendments took place from October 02, 2018 to October 17, 2018.
Related Links (in Spanish)
- Press Release
- Circular No 3.644 (PDF)
- Chapter 12-20 of the Updated Compilation of Standards (PDF)
- FAQs (PDF)
Keywords: Americas, Chile, Banking, LCR, NSFR, Liquidity Risk, Liquidity Position, SBIF
Previous Article
HKMA Publishes List of Systemically Important Banks in Hong KongNext Article
ESMA Publishes Regulatory Work Program for 2019Related Articles
BIS and Central Banks Experiment with GenAI to Assess Climate Risks
A recent report from the Bank for International Settlements (BIS) Innovation Hub details Project Gaia, a collaboration between the BIS Innovation Hub Eurosystem Center and certain central banks in Europe
Nearly 25% G-SIBs Commit to Adopting TNFD Nature-Related Disclosures
Nature-related risks are increasing in severity and frequency, affecting businesses, capital providers, financial systems, and economies.
Singapore to Mandate Climate Disclosures from FY2025
Singapore recently took a significant step toward turning climate ambition into action, with the introduction of mandatory climate-related disclosures for listed and large non-listed companies
SEC Finalizes Climate-Related Disclosures Rule
The U.S. Securities and Exchange Commission (SEC) has finalized the long-awaited rule that mandates climate-related disclosures for domestic and foreign publicly listed companies in the U.S.
EBA Proposes Standards Related to Standardized Credit Risk Approach
The European Banking Authority (EBA) has been taking significant steps toward implementing the Basel III framework and strengthening the regulatory framework for credit institutions in the EU
US Regulators Release Stress Test Scenarios for Banks
The U.S. regulators recently released baseline and severely adverse scenarios, along with other details, for stress testing the banks in 2024. The relevant U.S. banking regulators are the Federal Reserve Bank (FED), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC).
Asian Governments Aim for Interoperability in AI Governance Frameworks
The regulatory landscape for artificial intelligence (AI), including the generative kind, is evolving rapidly, with governments and regulators aiming to address the challenges and opportunities presented by this transformative technology.
EBA Proposes Operational Risk Standards Under Final Basel III Package
The European Union (EU) has been working on the final elements of Basel III standards, with endorsement of the Banking Package and the publication of the European Banking Authority (EBA) roadmap on Basel III implementation in December 2023.
EFRAG Proposes XBRL Taxonomy and Standard for Listed SMEs Under ESRS
The European Financial Reporting Advisory Group (EFRAG), which plays a crucial role in shaping corporate reporting standards in European Union (EU), is seeking comments, until May 21, 2024, on the Exposure Draft ESRS for listed SMEs.
ECB to Expand Climate Change Work in 2024-2025
Banking regulators worldwide are increasingly focusing on addressing, monitoring, and supervising the institutions' exposure to climate and environmental risks.