Regulatory Alerts2015-12-01
Guidance Manual for Circular Number 33/2015 Liquidity Regulations at Banks
The Central Bank of the UAE issued this guidance manual to explain how banks can comply with Circular Number 33/2015 regarding liquidity regulations. The document outlines qualitative requirements for robust liquidity risk management governance and quantitative requirements including the Eligible Liquid Assets Ratio, Advances to Stable Resources Ratio, Liquidity Coverage Ratio, and Net Stable Funding Ratio. It mandates that all banks report their liquidity position using the ELAR and ASRR, while Basel III-approved banks must additionally comply with the LCR and NSFR according to specified transition timelines.
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