Regulatory Alerts2015-07-01
Added · Updated
Regulations Re Liquidity at Banks
The Central Bank of the UAE issued Circular No. 33/2015 to enforce liquidity risk management standards for all banks operating in the country, aligning with Basel III recommendations. The regulations mandate a robust qualitative risk framework and quantitative compliance with the Eligible Liquid Assets Ratio (ELAR), Liquidity Coverage Ratio (LCR), and Net Stable Funding Ratio (NSFR) through specified implementation dates. Banks are required to maintain high-quality liquid assets, conduct stress tests, and submit detailed reporting to ensure financial stability and adequate funding structures.
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