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

    OCC Revises Minimum Threshold for Banks to Conduct Stress Tests

    OCC issued the final rule that amends its company-run stress testing requirements under the 12 CFR 46 in Code of Federal Regulations.

    October 10, 2019 WebPage Regulatory News
    News

    US Agencies Update Management Interlock Rules Under DIMIA

    US Agencies (FDIC, FED, and OCC) issued a final rule that increases the thresholds in the major assets prohibition for management interlocks for purposes of the Depository Institution Management Interlocks Act (DIMIA).

    October 10, 2019 WebPage Regulatory News
    News

    US Agencies Finalize Rules to Closely Match Bank Risk Profiles

    US Agencies (OCC, FED, and FDIC) finalized rules that tailor the regulations for domestic and foreign banks to more closely match their risk profiles.

    October 10, 2019 WebPage Regulatory News
    News

    CPMI-IOSCO and FSB on Governance Arrangements for OTC Derivatives

    CPMI and IOSCO published a report that identifies key criteria, functions, and bodies for the governance arrangements.

    October 09, 2019 WebPage Regulatory News
    News

    EIOPA Launches Field Test on Templates Under 2020 Solvency II Review

    EIOPA, as part of the 2020 Solvency II reporting and disclosure review, launched a field test on the revised and newly proposed reporting templates.

    October 09, 2019 WebPage Regulatory News
    News

    US Agencies Adopt Rule on Appraisals for Real Estate Transactions

    US Agencies (FDIC, FED, and OCC) adopted the final rule to amend regulations requiring appraisals of real estate for certain transactions

    October 08, 2019 WebPage Regulatory News
    News

    US Agencies Finalize Amendments to Simplify Volcker Rule

    US Agencies (CFTC, FDIC, FED, OCC, and SEC) finalized amendments to the regulations implementing section 13 of the Bank Holding Company Act, also known as the Volcker Rule.

    October 08, 2019 WebPage Regulatory News
    News

    EC Report Explores Application and Challenges of Blockchain Technology

    The Joint Research Center of EC published a report exploring the challenges and impact of distributed ledger technologies.

    October 08, 2019 WebPage Regulatory News
    News

    BIS and SNB Sign Agreement on Innovation Hub Center in Switzerland

    BIS and SNB signed an operational agreement on the BIS Innovation Hub Center in Switzerland.

    October 08, 2019 WebPage Regulatory News
    News

    ECB Issues Results of Sensitivity Analysis of Liquidity Risk for Banks

    ECB published results of 2019 stress test on sensitivity analysis of liquidity risk.

    October 07, 2019 WebPage Regulatory News
    RESULTS 1 - 10 OF 3958