More work needed on liquidity rules – BoE’s Saporta
Victoria Saporta says aspects of liquidity regulation still need enhancement
Aspects of the UK’s post-crisis liquidity framework still require further work, a senior Bank of England official said today (June 26).
In remarks at an event in London, Victoria Saporta said the BoE had three priorities in fixing remaining issues with the liquidity framework.
The first is “cashflow mismatch risk”.
A firm may be in compliance with its liquidity coverage ratio and still face issues in accessing liquidity in a timely way on any given day. Firms will be expected to report
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