PRA Releases New and Updated Versions of PRA 110 LMM Tool
PRA published an update (Version 01.03) to the PRA110 liquidity metric monitor tool (PRA110 LMM tool) based on the current PRA110 template, which will be in place until December 31, 2019. The updated version of the LMM tool reflects minor changes in response to the feedback received on Version 01.02. PRA also published a new PRA110 LMM tool (Version 02.01) that is aligned to the PRA110 template effective from January 01, 2020, as set out in policy statement (PS13/19) on updates to Pillar 2 liquidity framework.
Version 02.01 of the tool mirrors the logic of Version 01.03, but also reflects the changes to the PRA110 template outlined in PS13/19 and the changes required to the calculation methodology as a result. Additionally, PRA published Version 7 of the question and answer (Q&A) document on PRA110 reporting template and instructions. The Q&A document has been updated to include responses or clarifications on questions related to weights (Q&As 3e and 3j) and inflows (Q&As 6a to 6c) under the liquidity coverage ratio.
Related Links
- Notification
- PRA110 LMM Tool, Version 01.03 (XLSX)
- PRA110 LMM tool, Version 02.01 (XLSX)
- Q&As (PDF)
- Overview of Liquidity Tools
- PS13/19
Keywords: Europe, UK, Banking, Reporting, PRA 110, Liquidity Risk, Pillar 2 Liquidity, Q&A, LMM, Liquidity Monitoring Tool, PRA
Featured Experts
María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Pierre-Etienne Chabanel
Brings expertise in technology and software solutions around banking regulation, whether deployed on-premises or in the cloud.
Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
Previous Article
IFRS Publishes Summary of September 2019 Meeting of Advisory CouncilRelated Articles
HKMA Enhances Loan Guarantee Scheme to Alleviate Pressure on SMEs
HKMA announced that enhancements will be made to the Special 100% Loan Guarantee of the SME Financing Guarantee Scheme (SFGS) and the application period will be extended to December 31, 2021.
BoE Sets Out Plan to Transform Data Collection from Financial Sector
BoE has set out a three-phased plan to transform data collection from the UK financial sector over the next decade.
BIS Issues Updates on Technology Initiatives on Cross-Border Payments
BIS recently made a couple of announcements with respect to the planned and ongoing work in the area of financial technology.
ESRB Updates List of Macro-Prudential Measures in February 2021
ESRB updated the list of national macro-prudential measures applied by each member state in the European Economic Area.
BoE Survey Shows Positive COVID Impact on Outsourced Banking Services
BoE has set out results of a survey on the impact of COVID-19 events on the use of machine learning and data science.
ECB Issues Opinion on Proposal to Regulate Crypto-Asset Markets in EU
In response to a request from the European Council and Parliament, ECB published an opinion on the proposed regulation on markets in crypto-assets.
APRA Announces Aggregate Committed Liquidity Facility for Banks
APRA announced the updated aggregate amounts for the 2021 Committed Liquidity Facility (CLF) established between the Reserve Bank of Australia (RBA) and certain locally incorporated authorized deposit-taking institutions that are subject to the Liquidity Coverage Ratio (LCR).
ECB and UK Authorities Agree on Post-Brexit Supervisory Cooperation
ECB published supervisory Memorandums of Understanding (MoUs) with UK as well as other European and non-European authorities.
EIOPA Outlines Strategic Supervisory Priorities for Insurance Sector
EIOPA identified business model sustainability and adequate product design as the two EU-wide strategic supervisory priorities.
US Agencies to Revise FFIEC 031, FFIEC 041, and FFIEC 051 Reports
After considering comments received on the November 2020 proposal, US Agencies (FDIC, FED and OCC) are proceeding with the proposed revisions to the reporting forms and instructions for Call Reports FFIEC 031, FFIEC 041, and FFIEC 051.
