Asia Risk Congress: BIS points to Asian example as evidence new LCR not 'relaxed'
Asian regulators' only partial recognition of the new criteria of acceptable liquid assets that can be included in the liquidity coverage ratio counts as a rebuff towards those who saw the new standards as a relaxation of the initial 2010 LCR, says Jeff Miller, senior financial sector specialist, Asia and the Pacific, at the Bank for International Settlements (BIS).
In January, the Basel Committee on Banking Supervision published a revised text on the liquidity coverage ratio, a requirement that
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