May 12, 2016
The European Banking Authority (EBA) launched yesterday a consultation on its draft Guidelines on the Liquidity Coverage Ratio (LCR) disclosure. These Guidelines set out to specify quantitative and qualitative disclosure requirements in a harmonised manner for the entire EU. They build on the Liquidity Coverage Ratio disclosure standards published by the Basel Committee on Banking Supervision (BCBS) in March 2014. They contain a harmonised table on liquidity risk management and harmonised templates for the LCR disclosure together with all relevant instructions.
The consultation period closes on 11 August 2016.
The implementation date is not expected to be earlier than 30 June 2017.
The consultation paper can be found on the EBA website here.