Ingves says responsibility for liquidity risk management lies with banks, not regulators
Strong liquidity risk management is ‘critical to success in banking': Ingves
Strong liquidity risk management is "critical to long-run success in banking", Stefan Ingves said today, pointing out that the maturity transformation role that banks play makes them "inherently vulnerable to liquidity risk".
Despite this inherent vulnerability, Riksbank governor Ingves – speaking in the capacity of chairman of the Basel Committee on Banking Supervision – told a seminar at The Netherlands Bank (DNB) that "banks and regulators were, at the very least, complacent about liquidity
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