Regulatory Alerts2016-04-06
G4/2016: Instruments qualifying as high-quality liquid assets
The South African Registrar of Banks issued Guidance Note 4/2016 to direct banks, controlling companies, and foreign branches on complying with liquidity coverage ratio requirements. The document mandates that institutions incorporate the Basel Committee's market-based indicators for liquidity into their internal policy frameworks for evaluating high-quality liquid assets. This guidance specifically emphasizes the assessment of level 2 HQLA quality and liquidity to ensure consistent implementation of regulatory standards.
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