Regulatory Alerts2015-12-31 | DOF 5422004Added · Updated
Resolution modifying the General Provisions on Liquidity Requirements for Multiple Banking Institutions
The resolution amends Articles 3 and 9 of the General Provisions on Liquidity Requirements for Multiple Banking Institutions to clarify netting rules for foreign exchange and securities transactions and to adjust the treatment of eligible liquid assets for financial subsidiaries. It also modifies the transitional provisions to establish a phased implementation schedule for liquidity coverage ratio reporting and compliance scenarios based on institution size and age, with full compliance required by January 1, 2017, or later dates for smaller or newer institutions.
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