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Newly Adopted LCR Rules Supplement Existing Liquidity Management Rules for Larger Banks and …

September 22, 2014

Newly Adopted LCR Rules Supplement Existing Liquidity Management Rules for Larger Banks and Bank Holding Companies

Summary: On September 3, 2014 the Federal Reserve Board (Board), the Office of the Comptroller of the Currency (Comptroller) and the Federal Deposit Insurance Corporation adopted a set of rules (LCR Rules) regarding the calculation and maintenance of a liquidity coverage ratio (LCR) based on standards agreed upon by the Basel Committee on Banking Supervision. The LCR Rules apply only to larger banks and bank holding companies and supplement, rather than replace, the more generally applicable rules regarding liquidity management. In addition, the requirements of the LCR Rules are more formulaic or arithmetical in their application than are the rules they supplement, which constitute prudential guidelines.

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