Basel III: Amendments To The Liquidity Coverage Ratio - A Canadian Perspective
|Area||Banking and Finance Law, Structured Finance and Derivatives|
Article originally published in National Banking Law Review, Vol. 32, No. 4, August 2013
Excerpt from: "Basel III: Amendments To The Liquidity Coverage Ratio":
On January 6, 2013, the Group of Governors and Heads of Supervision (“GHOS”), the oversight body of the Basel Committee on Banking Supervision (“Basel Committee”), announced that it unanimously endorsed the Basel Committee’s amendments to the liquidity coverage ratio (“LCR”), a key component of the Basel III framework.