Clifford Chance
Basel III: relaxations to the Liquidity Coverage Ratio
8 January 2013
The Basel Committee on Banking Supervision ("BCBS") published the finalised Liquidity Coverage Ratio ("LCR") on 7 January 2013. The finalised LCR is less onerous than the original formulation published in December 2010 and should therefore be welcomed by banks.
This briefing outlines the main amendments to the LCR and considers their effect.
