2011-12-22

Added · Updated

Recommendation on US dollar denominated funding of credit institutions

National supervisory authorities are recommended to closely monitor US dollar funding and liquidity risks, including maturity mismatches and funding concentrations, and to limit exposures before they reach excessive levels. Authorities must also ensure credit institutions include management actions for US dollar funding shocks in their contingency funding plans and assess the feasibility of these actions to prevent simultaneous systemic risks. Addressees are required to report actions taken or justify inaction to the ESRB and the Council by 30 June 2012.

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Regulation (EU) No 1092/2010 of…2010Directive 2006/48/EC of the Eur…2006Recommendation of the European …2011Recommendation on US dollardenominated funding of credit…2011-12-22 · this document
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Source: European Systemic Risk Board — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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