Article summary
The European Banking Authority (EBA) has published its updated calculation tool for the liquidity coverage ratio (LCR), with the aim of providing additional support for reporting institutions. This Excel-based tool takes into account the amendments in the liquidity coverage requirement introduced by Commission Delegated Regulation (EU) 2018/1620 that applies from 30 April 2020. The EBA stresses that the tool is provided for information purposes only and has no legal value.
To continue reading this news article, as well as thousands of others like it, sign in with LexisNexis or register for a free trial