The Basel Committee on Banking Supervision issued for public comment enhanced global principles for sound liquidity risk management and supervision.

The draft is a substantial revision of the committee’s liquidity guidance that was published in 2000 reflecting the lessons of the financial market turmoil and supporting one of the key recommendations for strengthening oversight set out in the report of the Financial Stability Forum on enhancing market and institutional resilience. The report was presented to G7 Finance Ministers and Central Bank Governors in April 2008.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.