Banks told they will not benefit from Basel LCR delay
Bank liquidity experts say they have already been told by their national supervisors that they will not be allowed to relax compliance with Basel III's liquidity coverage ratio (LCR), despite the staggered timeline agreed by senior supervisors and central bankers at a meeting on January 6. The hope among policymakers was that phasing in the LCR would allow banks that have already built up the required liquidity buffers to shrink them again, therefore allowing more lending.
At the January 6 press
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