Events listed in Basel III Standards
Implementation of G20 Non-Bank Financial Intermediation Reforms: Progress report
ID 21506
On 18 January 2023, the Financial Stability Board (FSB) published the Implementation of G20 Non-Bank Financial Intermediation Reforms progress report, describing progress in implementing reforms that had been agreed by the G20 following the 2008 global financial crisis to strengthen the oversight and regulation of non-bank financial intermediation (NBFI). Reforms to NFBI (formerly referred to as shadow banking) is one of the FSB’s priority ...
APRA phases out aggregate Committed Liquidity Facility
ID 21388
On 9 January 2023, Australian Prudential Regulation Authority (APRA) published a letter, informing that the Committed Liquidity Facility (CLF) was fully phased-out. Indeed, since January 2015, those incorporated authorised deposit-taking institutions (ADIs) to which APRA applies the Basel III liquidity standards, have been required to hold high-quality liquid assets (HQLA) sufficient to withstand a 30-day period of stress under the liquidity coverage ratio (LCR) ...