New regime_rules and requirements部分

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1、GlobalRegulatoryReformNewregime,rulesandrequirements—welcometothenewliquidityBasellll:implementingliquidityrequirementsBasellll:implementingliquidityrequirementsOverviewNewliquidityrequirementsformakeypartofthe2010BaselIIIframeworkandareintendedtostrengthentheresilien

2、ceofglobalbankinginstitutions.Thefourcomponentsthatmustbeaddressedare:•Theliquiditycoverageratio(LCR),whichwillrequirebankstoholdadesignatedliquidassetsbufferagainsta30-daycashoutflow•Anetstablefundingratio(NSFR),whichwillrequirebankstocover100%ofilliquidassetswithsta

3、blefunding(65%formortgages)•Newregulatoryreportingrequirements•NewliquidityriskmanagementstandardsChallengesGlobally,bankswillfaceseverechallengesinimplementingthenewregime.SimilarimplementationprogramsintheUK,USandCanada,whichmovedfirst,willtaketwotothreeyearsorevenl

4、ongertocompleteandhaveprovedmuchmorecomplexandchallengingthanthebanksexpected.ThecomplexitiesofimplementingBaselIIIwillinclude:•Regulatoryreturns—extractingthenecessarycontractualcashflowdatafromsystemsthatwerenotdesignedwiththeseneedsinmind•Stress-testing—consistentl

5、yapplyingadefinednumberofstressesacrossthebusiness•Liquiditymanagement—redevelopingriskgovernance,reportingandcontrolsandimplementingfundstransferpricingtoembedtheapproach•Dailycontrolandvalidationprocesses•Developingnewmanagementinformation•Maximizingpotentialforprof

6、itabilitygivenenlargedliquiditybuffersandstablefundingconstraintsThetimelinesforliquidityimplementationaretight.WiththeintroductionoftheLCRin2015,firmswillonlyhavetwoyearstoimplementtheEuropeanBankingAuthorityliquidityreturns.WhatneedstohappenItisimportantthatfirmssta

7、rtprogramsquicklytoassessthechallengestheywillfaceinmeetingthenewrequirements.Dailyfrequencyandincreasedgranularityhavebecomethenewbenchmarkforliquidityriskmanagement.Thiswillrepresentnewchallenges,andfirmswillhavetoquicklyidentifydataandsystemsneedsandhowbesttoaddres

8、sthem.SupervisoryexpectationsforliquiditymanagementinformationstandardsAccuracy•Reportsareup-to-date,correctlyaggregated,val