Regulatory Alerts2013-08-07
Prudential Regulations on Liquidity Requirements for Licensed Banks
The Central Bank of Liberia issued Regulation No. CBL/RSD/005/2013 to mandate a minimum 15% liquidity ratio for all licensed banks, measured against deposits and designated liabilities. The regulation defines eligible highly liquid assets and liabilities, establishes governance and measurement principles for liquidity risk, and requires banks to implement contingency funding plans within six months. Licensed banks must submit weekly liquidity returns to the Central Bank and face sanctions for non-compliance, with all provisions taking immediate effect upon publication.
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