Regulatory Alerts2016-01-26 | CD-SIBOIF-926-3-ENE26-2016Added · Updated
Norm on Liquidity Risk Management
The Superintendent of Banks and Other Financial Institutions issues Resolution No. CD-SIBOIF-926-3-ENE26-2016, establishing minimum liquidity risk management guidelines for banks, financial companies, and foreign bank branches in Nicaragua. The regulation mandates a Liquidity Coverage Ratio (LCR) of at least 100%, with a phased implementation schedule reaching full compliance by July 1, 2020. Institutions must implement scenario simulations, monitoring tools, and contingency plans, while submitting specific monthly and semi-annual reports to the Superintendent within fifteen calendar days of the relevant closing dates.
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