Regulatory Alerts2024-07-09
Added · Updated
IBA Circular No. 7 of 2024: Liquidity Coverage Ratio and Net Stable Funding Ratio
The Central Bank of Belize issued Circular No. 7 of 2024 to mandate that all international banks licensed under the International Banking Act maintain Liquidity Coverage Ratio and Net Stable Funding Ratio minimums of 100%. This regulation adopts Basel Committee standards to enhance short-term liquidity resilience and long-term funding stability, supplementing existing liquidity asset requirements. The phased implementation begins at 70% compliance by June 30, 2024, rising to full 100% compliance by June 30, 2025, with monthly and quarterly reporting obligations commencing in July 2024.
More like this from CBB
We email you every new CBB publication the day it's published.
Topics
Share