Regulatory Alerts2009-06-29
Instruction No. 2009-05 of June 29, 2009, on the Standard Approach to Liquidity Risk (Repealed)
The French Banking Commission issued Instruction No. 2009-05 to establish reporting requirements for the standard approach to liquidity risk under the May 5, 2009 decree. The instruction mandates that covered institutions submit monthly liquidity coefficient calculations and quarterly cash flow forecasts using specific XML-XBRL formats. These reporting obligations became effective on June 30, 2010, simultaneously repealing three prior instructions from 1988 and 1989.
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