2017-05-30
The Autorité des marchés financiers (the Authority) has issued this notice to delay the mandatory Net Stable Funding Ratio (NSFR) reporting for non-federated credit unions, financial services cooperatives, trust companies, and savings institutions. While the January 2016 Guideline originally required NSFR reporting to begin at the first quarterly reporting date after January 1, 2018, this notice postpones that start date to the first quarterly reporting date after January 1, 2019. The NSFR remains a minimum requirement effective January 1, 2018, allowing regulated entities additional time to align their liquidity structures with the new standard.