Basel III - The Liquidity Coverage Ratio: frequently asked questions
The Basel Committee on Banking Supervision today issued a second set of frequently asked questions (FAQs) and answers on Basel III's Liquidity Coverage Ratio (LCR). This new set of FAQs are grouped according to the paragraph number of the related issue within the LCR framework and have been combined with existing FAQs published in April 2014.
To promote consistent global implementation of these requirements, the Committee periodically reviews frequently asked questions and publishes answers along with any necessary technical elaboration of the rules text and interpretative guidance. The Committee has received a number of interpretation questions related to the January 2013 publication of the LCR standard.