Regulatory Alerts2018-11-21 | Banking Act Directions No. 9 of 2018Amendments to Directions on Liquidity Coverage Ratio Under Basel III Liquidity Standards for Licensed Commercial Banks and Licensed Specialised Banks
The Monetary Board of the Central Bank of Sri Lanka has amended the Banking Act Directions No. 01 of 2015 to update web-based return codes in Appendices I and II governing the Liquidity Coverage Ratio for licensed commercial and specialised banks. These revisions modify reporting formats for rupee and all-currency liquidity requirements while clarifying qualifying criteria, exposure limits of Rs. 250 million for small and medium enterprises, sovereign claim ratings, undrawn facilities, and unsecured wholesale funding definitions. The updated codes ensure accurate calculation of total cash inflows and outflows within the mandated 30-day liquidity horizon.
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