Implementing Basel III Liquidity Reforms in Australia
17 Feb 2012
Source: Australian Prudential Regulation Authority
Deadline: 17 February 2012
APRA has been actively involved in developing these global liquidity reforms and fully supports their implementation in Australia. Accordingly, APRA proposes to apply the new global liquidity standards to the larger authorised deposit-taking institutions (ADIs). These new standards are the Liquidity Coverage Ratio (LCR) and the Net Stable Funding Ratio (NSFR). However, APRA does not intend to apply these standards to ADIs that are subject to a simple quantitative metric, the minimum liquidity holdings (MLH) regime. The enhanced qualitative requirements will apply to all ADIs in Australia.
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