Federal Reserve Board approves rule requiring for the first time that large banking organizations publicly disclose certain quantitative liquidity risk metrics

[kreslik.news]

The Federal Reserve Board on Monday approved a rule requiring for the first time that large banking organizations publicly disclose certain quantitative liquidity risk metrics. The disclosures will provide market participants and the public with reliable and timely information for evaluating the financial strength and resiliency of the nation's largest banking organizations.

Under the Liquidity Coverage Ratio (LCR) rule adopted by the federal banking agencies in September 2014, large banking organizations--those with consolidated assets of $50 billion or more--and certain depository institution subsidiaries are required to hold a minimum amount of high-quality liquid assets (HQLA) that can be easily and ... (read more)