02 Dec Virtual Roundtable Recording: NSFR Final Rule: Lights, Camera, and finally, ACTION!
The waiting is over, the tiering is in, we have the final rule, and most importantly, we now have the timeline. The financial institutions that must comply with the new Net Stable Funding Ratio are officially on the clock.
After more than three years’ anticipation, the Fed, OCC, and FDIC joint final rule was released on October 20, 2020. A mere eight months from now, on July 1, 2021, the affected banks begin to perform daily compliance with the new NSFR measure. Preparation can finally start in earnest.
However, the aggressive July 1st compliance deadline has come as something of a surprise.
Download the recording today to watch a roundtable discussion led by AxiomSL’s Harry Chopra, Ed Probst, Don Mumma and Rob Lee. Topics will include:
- Digging into the final rule and changes from the NPR
- Breaking down the timeline
- Leveraging the wisdom of the U.S. liquidity risk reporting community
- Preparing an NSFR solution and AxiomSL’s readiness roadmap