October 24, 2017

BaFin is consulting on amendments to liquidity regulation, including the reporting forms. Comments are due by November 07, 2017.

Liquidity coverage ratio (LCR) will be raised to 100% by January 01, 2018. With the full introduction of LCR, Liquidity Regulation (LiqV), which is based on national law, will cease to apply as of January 01, 2018, as member states may maintain national provisions in the area of liquidity only as long as binding minimum quotas are not applied under Article 460 of the Capital Requirement Regulation (CRR). The LiqV remains valid only for credit institutions for which the provisions of Articles 411 to 428 CRR do not apply. Due to the amendment of the law, there are no duplicates for the institutions concerned, which is why there is a considerable relief for credit industry. For groups of institutes, which must continue to apply the LiqV, the amended regulation is not expected to result in additional costs.

 

Related Links (in German)

Comment Due Date: November 07, 2017

Keywords: Europe, Germany, Banking, LCR, CRR, Liquidity Regulation, Reporting, BaFin

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