Featured Product

    FED Proposes to Revise Complex Institution Liquidity Monitoring Report

    March 24, 2021

    FED proposed to revise and extend, for three years, the Complex Institution Liquidity Monitoring Report (FR 2052a) for banks. The FR 2052a reporting form and instructions are being revised to accurately reflect the net stable funding ratio (NSFR) final rule, which was published in October 2020, and to capture other data elements necessary to monitor the liquidity positions and compliance with Liquidity Risk Measurement Standards. FED also proposed other minor clarifications and conforming edits to the form and instructions to address industry inquiries. Comments must be submitted by May 28, 2021, with the proposed changes expected to be effective from July 01, 2021. FED has published the draft reporting instructions and associated appendices, along with the supporting statement for FR 2052a.

    FR 2052a collects quantitative information on select assets, liabilities, funding activities, and contingent liabilities of certain large banking organizations with USD 100 billion or more in total consolidated assets supervised by FED on a consolidated basis. FED uses this information to monitor the liquidity profile of these banking organizations. FED proposed to revise the FR 2052a by expanding the definition of the term “Transactional Accounts” to include the subset of transaction accounts recently added to the definition of “transaction accounts” under the Regulation D on reserve requirements of depository institutions. In addition, FED proposed to revise the FR 2052a to collect information and data related to the requirements of the NSFR final rule by:

    • Adding certain new data field definitions
    • Adding clarifying language to parts of the instructions
    • Adding certain new data categories
    • Reclassifying certain existing data categories
    • Streamlining certain existing language in the instructions

     

    Related Links

    Comment Due Date: May 28, 2021

    Effective Date: July 01, 2021 (Proposed)

    Keywords: Americas, US, Banking, FR 2052a, Liquidity Monitoring, NSFR, Reporting, LCR, Liquidity Risk, FED

    Featured Experts
    Related Articles
    News

    PRA Finalizes Supervisory Approach for Non-Systemic Banks in UK

    PRA published the policy statement PS8/21, which contains the final supervisory statement SS3/21 on the PRA approach to supervision of the new and growing non-systemic banks in UK.

    April 15, 2021 WebPage Regulatory News
    News

    EBA Finalizes Standards on Methods of Prudential Consolidation

    EBA published a report that sets out the final draft regulatory technical standards specifying the conditions according to which consolidation shall be carried out in line with Article 18 of the Capital Requirements Regulation (CRR).

    April 15, 2021 WebPage Regulatory News
    News

    EBA Updates List of Other Systemically Important Institutions in EU

    EBA updated the list of other systemically important institutions (O-SIIs) in EU.

    April 15, 2021 WebPage Regulatory News
    News

    BCBS Report Concludes Basel Risk Categories Can Capture Climate Risks

    BCBS published two reports that discuss transmission channels of climate-related risks to the banking system and the measurement methodologies of climate-related financial risks.

    April 14, 2021 WebPage Regulatory News
    News

    UK Authorities Welcome FSB Review of their Remuneration Regime

    UK Authorities (FCA and PRA) welcomed the findings of FSB peer review on the implementation of financial sector remuneration reforms in the UK.

    April 14, 2021 WebPage Regulatory News
    News

    PRA and FCA Letter on Addressing Risks from Use of Deposit Aggregators

    PRA and FCA jointly issued a letter that highlights risks associated with the increasing volumes of deposits that are placed with banks and building societies via deposit aggregators and how to mitigate these risks.

    April 14, 2021 WebPage Regulatory News
    News

    MFSA to Amend Banking Act and Rules in Coming Months to Transpose CRD5

    MFSA announced that amendments to the Banking Act, Subsidiary Legislation, and Banking Rules will be issued in the coming months, to transpose the Capital Requirements Directive (CRD5) into the national regulatory framework.

    April 14, 2021 WebPage Regulatory News
    News

    EC Delegated Regulation on Specialized Lending Exposures Under CRR

    EC finalized the Delegated Regulation 2021/598 that supplements the Capital Requirements Regulation (CRR or 575/2013) and lays out the regulatory technical standards for assigning risk-weights to specialized lending exposures.

    April 14, 2021 WebPage Regulatory News
    News

    OSFI Proposes to Enhance Assurance Expectations for Basel Returns

    OSFI launched a consultation to explore ways to enhance the OSFI assurance over capital, leverage, and liquidity returns for banks and insurers, given the increasing complexity arising from the evolving regulatory reporting framework due to IFRS 17 (Insurance Contracts) standard and Basel III reforms.

    April 13, 2021 WebPage Regulatory News
    News

    ECB Issues Results of Benchmarking Analysis of Recovery Plans of Banks

    ECB published results of the benchmarking analysis of the recovery plan cycle for 2019.

    April 13, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 6858