Comments received on the consultative document "Monitoring indicators for intraday liquidity management"

The Basel Committee on Banking Supervision, in consultation with the Committee on Payment and Settlement Systems, issued a final version of the document Monitoring tools for intraday liquidity management.

This document introduces a new reporting framework that will enable banking supervisors to monitor a bank's management of intraday liquidity risk and its ability to meet payment and settlement obligations on a timely basis. Over time, the tools will also provide supervisors with a better understanding of banks' payment and settlement behaviour.

A number of important changes have been incorporated into the final version of the monitoring tools to reflect responses received to the consultation document issued in July 2012.  In particular, the reporting burden on banks has been reduced by:

(i)    removing one of the tools that was proposed in the consultative document;

(ii)   simplifying a number of the earlier data requests; and

(iii)  removing the requirement to report the impact of stress scenarios on a routine basis.

Furthermore, the scope of application of the reporting regime has been narrowed to apply only to internationally active banks, with discretion available to national supervisors to apply the tools more widely as appropriate.  

The implementation date for the new regime has been set for 1 January 2015 to coincide with that of the Liquidity Coverage Ratio, but customer banks have been offered a concession to defer implementation until 1 January 2017 with the agreement of their local supervisor if they encounter data availability difficulties with their correspondent bank(s).

The set of seven quantitative monitoring tools in the new framework will complement the qualitative guidance on intraday liquidity management set out in the Basel Committee's 2008 Principles for Sound Liquidity Risk Management and Supervision.

Assiom Forex 48kb  
Australian Bankers' Association   87kb  
Austrian Federal Economic Chamber   35kb  
BNP Paribas   37kb  
BNY Mellon 77kb  
BRE Bank   1530kb  
British Bankers' Association   43kb  
Canadian Bankers Association   213kb  
Central Bank of Bahrain 94kb  
Credit Agricole   27kb  
Deutsche Bank   125kb  
Deutsche Börse Group   36kb  
European Association of Co-operative Banks   71kb  
Febelfin   120kb  
First Rand   1453kb  
French Banking Federation   211kb  
German Banking Industry Committee   100kb  
Global Financial Markets Association   162kb  
HSBC   938kb  
Institute of International Finance   297kb  
International Banking Federation   60kb  
Intesa Sanpaolo 172kb  
Jacques Prefontaine   17kb  
Japanese Bankers Association   64kb  
Javier Gonzalez 14kb  
Logica   55kb  
Mediterranean Bank   645kb  
National Research University Higher School of Economics   175kb  
Payments Risk Committee   220kb  
Polish Bank Association   634kb  
Polish Financial Supervision Authority   8kb  
Rajnish Ramchurun   32kb  
Saudi Arabian Banks   41kb  
Societe Generale   319kb  
Swedish Bankers' Association   2106kb  
The Clearing House   599kb  
The DTC Association   144kb  
The Hong Kong Association of Banks   213kb  
The Royal Bank of Scotland Group   54kb  
UniCredit   148kb  
United Overseas Bank   244kb  
WSBI-ESBG   233kb