Regulatory Alerts2020-02-25 | 2709-4Added · Updated
On Amendments and Additions to the Regulation on Requirements for Managing Liquidity of Commercial Banks
This decision amends the Regulation on Requirements for Managing Liquidity of Commercial Banks by defining conditional obligations in credit allocation, expanding the list of high-liquidity assets to include foreign currency correspondent accounts at rated banks and securities from multilateral development institutions, and repealing items 36 and 43(1). It requires commercial banks to comply with instantaneous liquidity, liquidity coverage, net stable funding ratio, and a revised high-liquidity assets share threshold of 25 percent (replacing the previous 10 percent) under item 43, while establishing a new requirement effective June 1, 2020, that high-liquidity assets must account for at least 10 percent of total daily assets. The amended regulation applies to all commercial banks in Uzbekistan and enters into force on March 1, 2020.
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