Liquidity Coverage Ratio

OFR paper: Liquidity Coverage Ratios of Large U.S. Banks During and After the COVID-19 Shock

BIS: Basel III capital ratios surpassed pre-pandemic levels in H2 2022

Revisions to bank capital rules following SVB and Credit Suisse are ill suited to solve the core problem

Basel III capital ratios for largest global banks fell to pre-pandemic levels in H1 2022, latest Basel III monitoring exercise shows

Regulators modify liquidity coverage ratio for banks participating in money market facility and PPP liquidity programs

Finadium Survey: Better Regulation for Europe’s Securities Financing Transactions

EC drafts LCR amendments on repos, reverse repos, and collateral swaps, in line with Basel committee

BIS: Basel III liquidity monitoring tools

Bloomberg: negative rates in Denmark push Danske Bank to reject client deposits

US Treasury report on financial regulations will result in big changes to bank capital rules (Premium)

Finadium: Regulatory Costs of OTC Derivatives vs. Securities Finance Transactions

Liquidity, Leverage and Securities Lending CCPs

Basel Committee consults on LCR disclosure, but does it mean anything without more RWA disclosure?

ISLA chimes in on the FTT: Lots More Doom and Gloom for Sec Lending and Repo

The NY Fed looks at collateral fire sales and tri-party repo: some good ideas, some well….

Dudley’s speech on how to fix wholesale funding floats some controversial ideas about tri-party

IMF's Singh publishes "The Changing Collateral Space" — we look at what he has to say

Fitch reports on MMFs holdings; we look behind the data

An idea about solving the LCR eligible asset problem

Fed's LSE blog chimes in on why not to lower Interest on Excess Reserves rate; we think they miss the point

Singh and Stella on the velocity of collateral: banks just don't trust each other. We think there is more to it.

Does it make sense to loosen the requirements of the Liquidity Coverage Ratio?

Artfully Dodging the Liquidity Coverage Ratio in Securities Lending and Repo.

“Replumbing Our Financial System: Uneven Progress” by Darrell Duffie: turn tri-party clearing into a "dedicated regulated utility"

The rise and fall of "Safe Assets"

The IMF's Global Financial Stability Report looks at coming collateral shortages

Gaming the LCR

Bloomberg: Basel Group to Consider Fine Tuning of Draft Bank Liquidity-Rule Changes

Some musings about the IMN Beneficial Owners Securities Lending Conference

EU may allow European asset-backed securities to be included as liquid assets for the liquidity coverage ratio. France & Germany push for delay to 2018, much to the chagrin of the UK.

Euromoney interview with IMF Economist Manmohan Singh on repo, re-hypothecation, collateral chains, and more

Basel III LCR rules may change, allowing corporates and equities. Nestle debt looks a whole lot better than Portugal.

Bond Traders Left Adrift as Dealers Reduce Risk: Credit Markets

IMN 16th Annual European Beneficial Owners Securities Lending Conference: some common themes

New platform from Newedge and MTS to target corporates to lending cash, will collateralize using tri-party infrastructure

Basel Committee's Walter dismisses reports of Liquidity Coverage Ratio (LCR) overhaul – Risk Magazine