Regulatory Alerts2022-06-01
Draft Amendments to the Financial Institutions (Liquidity) Regulations 2005 and ILAAP Guidelines
The Bank of Uganda has issued draft amendments to the Financial Institutions (Liquidity) Regulations 2005 and corresponding ILAAP guidelines to strengthen the resilience of supervised financial institutions against evolving liquidity risks. These proposals expand the list of eligible liquid assets and introduce two new prudential metrics, the Liquidity Coverage Ratio and Net Stable Funding Ratio, while mandating periodic internal liquidity adequacy assessments. Regulated entities must submit their comments on the proposed framework by 3 December 2021 to ensure alignment with East African Community harmonization standards and Basel III requirements.
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