Through its Regulatory Consistency Assessment Programme (RCAP), the Basel Committee monitors the timely adoption of regulations by its members, assesses the regulations' consistency with the Basel Framework and examines the consistency of banks' calculation of the prudential ratios across jurisdictions. The RCAP also helps member jurisdictions to identify and assess the materiality of any deviations from the Basel Framework.
This report describes the Committee's follow-up assessment of a finding in the initial assessment of the Liquidity Coverage Ratio (LCR) standard implementation in Mexico. The Mexican LCR regulations have been assessed as largely compliant. This updates the initial assessment which was published in 2015 and found the Mexican LCR regulations compliant.