1 Basel Committee on Banking Supervision Consultative Document Net Stable Funding Ratio disclosure standards Issued for comment by 6 March 2015 December 2014
2 This publication is available on the BIS website ( Bank for International Settlements All rights reserved. Brief excerpts may be reproduced or translated provided the source is stated. ISBN (print) ISBN (online)
3 Contents Introduction... 1 Section 1: Scope of application, implementation date and frequency of reporting... 2 Section 2: Disclosure requirements... 3 Annex 1 Explanation of the NSFR common disclosure template... 5 Annex 2 Instructions for completion of the NSFR common disclosure template... 7 Net Stable Funding Ratio disclosure standards iii
4 Net Stable Funding Ratio disclosure standards Introduction 1. The fundamental role of banks in financial intermediation makes them inherently vulnerable to liquidity risk, of both an institution-specific and market nature. Financial market developments have increased the complexity of liquidity risk and its management. During the early liquidity phase of the financial crisis that began in 2007, many banks although meeting the capital requirements then in effect still experienced difficulties because they did not prudently manage their liquidity or funding. These difficulties, which in some cases created significant contagion effects on the broader financial system, were due to lapses in applying the basic principles of liquidity risk measurement and management. 2. In 2008, the Basel Committee on Banking Supervision responded by publishing Principles for Sound Liquidity Risk Management and Supervision (the Sound Principles ), which provide detailed guidance on the risk management and supervision of funding liquidity risk. 1 The Committee has further strengthened its liquidity framework by developing two minimum standards for funding and liquidity. These standards aim to achieve two separate but complementary objectives. The first objective is to promote the short-term resilience of a bank s liquidity risk profile by ensuring that it has sufficient highquality liquid assets (HQLA) to survive a significant stress scenario lasting for 30 days. To this end, the Committee published Basel III: The Liquidity Coverage Ratio and liquidity risk monitoring tools. 2 The second objective is to reduce funding risk over a longer time horizon by requiring banks to conduct their activities with funding from sources that are sufficiently stable to mitigate the risk of future funding stress. To achieve this objective, the Committee published Basel III: The Net Stable Funding Ratio. 3 The NSFR will become a minimum standard by 1 January This ratio should be equal to at least 100% on an ongoing basis. These standards are an essential component of the set of reforms introduced by Basel III and together will increase banks resilience to liquidity shocks, promote a more stable funding profile and enhance overall liquidity risk management. 3. This disclosure framework is focused on disclosure requirements for the Net Stable Funding Ratio (NSFR). Similar to the LCR disclosure framework, 4 this requirement will improve the transparency of regulatory funding requirements, reinforce the Sound Principles, enhance market discipline, and reduce uncertainty in the markets as the NSFR is implemented. 4. It is important that banks adopt a common public disclosure framework to help market participants consistently assess banks funding risk. To promote the consistency and usability of disclosures related to the NSFR, and to enhance market discipline, the Committee has agreed that internationally active banks across member jurisdictions will be required to publish their NSFRs according to a common template. There are, however, some challenges associated with disclosure of funding positions under certain circumstances, including the potential for undesirable dynamics during See See See See Net Stable Funding Ratio disclosure standards 1
5 stress. The Committee has carefully considered this trade-off in formulating the disclosure framework contained in this document. 5. The disclosure requirements are organised as follows. Section 1 presents requirements on the scope of application, implementation date, and the frequency and location of reporting. The disclosure requirements for the NSFR are set out in Section 2 and include a common template that banks must use to report their NSFR results and selected details of the NSFR components. 6. The Committee recognises that the NSFR is only one measure of a bank s funding risk and that other information, both quantitative and qualitative, is essential for market participants to gain a broader picture of a bank s funding risk and management. Section 3 of the LCR disclosure framework provides additional guidance on other information that banks may choose to disclose in order to facilitate understanding and awareness of their internal funding risk measurement and management. Section 1: Scope of application, implementation date and frequency of reporting 7. The disclosure requirements set out in this document are applicable to all internationally active banks on a consolidated basis but may be used for other banks and on any subset of entities of internationally active banks to ensure greater consistency and a level playing field between domestic and cross-border banks. 8. Supervisors will give effect to the disclosure requirements set out in this standard by no later than 1 January Banks will be required to comply with these disclosure requirements from the date of the first reporting period after 1 January Banks must publish this disclosure with the same frequency as, and concurrently with, the publication of their financial statements (ie typically quarterly or semi-annually), irrespective of whether the financial statements are audited. 10. Banks must either include the disclosures required by this document in their published financial reports or, at a minimum, provide a direct and prominent link to the completed disclosure on their websites or in publicly available regulatory reports. 6 Banks must also make available on their websites, or through publicly available regulatory reports, an archive (for a suitable retention period as determined by the relevant supervisors) of all templates relating to prior reporting periods. Irrespective of the location of the disclosure, the minimum disclosure requirements must be in the format required by this document (ie according to the requirements in Section 2). 5 6 That is, where all reference dates used in the calculation occur on or after 1 January LCR and NSFR disclosure standards may in future be incorporated into a single Pillar 3 document, following the completion of the Basel Committee s review of the Pillar 3 framework. 2 Net Stable Funding Ratio disclosure standards
6 Section 2: Disclosure requirements 11. The disclosure of quantitative information about the NSFR should follow the common template developed by the Committee. Annex 1 presents an explanation of the common template s design. The NSFR information must be calculated on a consolidated basis and presented in a single currency. 12. Data must be presented as quarter-end observations. For banks reporting on a semi-annual basis, the NSFR must be reported for each of the two preceding quarters. For banks reporting on an annual basis, the NSFR must be reported for the preceding four quarters. 13. Both unweighted and weighted values of the NSFR components must be disclosed. Weighted values are calculated as the values after ASF or RSF factors are applied. See Annex 2 for more details. 14. NSFR common disclosure template: Unweighted value (in currency amount) No maturity < 6 months 6 months to < 1yr 1yr Weighted value ASF Item 1 Capital: 2 Regulatory capital 3 Other capital instruments 4 Retail deposits and deposits from small business customers: 5 Stable deposits 6 Less stable deposits 7 Wholesale funding: 8 Operational deposits 9 Other wholesale funding 10 Liabilities with matching interdependent assets 11 Other liabilities: 12 Net derivative liabilities 13 All other liabilities and equity not included in the above categories 14 Total ASF RSF Item 15 Total high-quality liquid assets (HQLA) 16 Deposits held at other financial institutions for operational purposes 17 Performing loans and securities: 18 Performing loans to financial institutions secured by Level 1 HQLA 19 Performing loans to financial institutions secured by non-level 1 HQLA and unsecured performing loans to financial institutions Net Stable Funding Ratio disclosure standards 3
7 20 Performing loans to non- financial corporate clients, loans to retail and small business customers, and loans to sovereigns, central banks and PSEs, of which: 21 With a risk weight of less than or equal to 35% under the Basel II Standardised Approach for credit risk 22 Performing residential mortgages, of which: 23 With a risk weight of less than or equal to 35% under the Basel II Standardised Approach for credit risk 24 Securities that are not in default and do not qualify as HQLA, including exchange-traded equities 25 Assets with matching interdependent liabilities 26 Other assets: 27 Physical traded commodities, including gold 28 Net derivative assets 29 All other assets not included in the above categories 30 Off-balance sheet items 31 Total RSF 32 Net Stable Funding Ratio (%) 15. In addition to the common template, banks should provide a sufficient qualitative discussion around the NSFR to facilitate an understanding of the results and the accompanying data. For example, where significant to the NSFR, banks could discuss: (a) the drivers of their NSFR results and the reasons for intra-period changes as well as the changes over time (eg changes in strategies, funding structure, circumstances etc); and (b) the composition of the bank s interdependent assets and liabilities (as defined in paragraph 45 of the NSFR document) and to what extent these transactions are interrelated. 4 Net Stable Funding Ratio disclosure standards
8 Annex 1 Explanation of the NSFR common disclosure template Explanation of each row of the common disclosure template Row number 1 Capital is the sum of rows 2 and 3. Explanation 2 Regulatory capital before the application of capital deductions, as defined in paragraph 49 of the Basel III text. Relevant paragraph(s) of NSFR standards 21(a), 24(d) and 25(a) 3 Total amount of any capital instruments not included in row 2. 21(b), 24(d) and 25(a) 4 Retail deposits and deposits from small business customers, as defined in the LCR paragraphs and 89 82, are the sum of row 5 and 6. 5 Stable deposits comprise stable (as defined in the LCR in paragraphs 75 78) non-maturity (demand) deposits and/or term deposits provided by retail and small business customers. 6 Less stable deposits comprise less stable (as defined in the LCR in paragraphs 79 81) non-maturity (demand) deposits and/or term deposits provided by retail and small business customers. 7 Wholesale funding is the sum of row 8 and 9. 8 Operational deposits: As defined in LCR paragraphs , including deposits in institutional networks of cooperative banks as defined in LCR paragraphs Other wholesale funding include funding (secured and unsecured) provided by non-financial corporate customer, sovereigns, public sector entities (PSEs), multilateral and national development banks, central banks and financial institutions. 10 Liabilities with matching interdependent assets Other liabilities are the sum of rows 12 and Net derivatives liabilities, comprising NSFR derivatives liabilities as calculated according to paragraphs 19 and 20, net of NSFR derivatives assets as calculated according to paragraphs 34 and 35, if NSFR derivative liabilities are greater than NSFR derivative assets. 21(c) and 22 21(c) and 23 21(c), 24(b) and 25(a), including footnote (c), 24(a), (c), and (d) and 25(a) 13 All other liabilities and equity not included in above categories. 25(a), (b) and (d) 14 Total ASF is the sum of all weighted values in rows 1, 4, 7, 10 and Total HQLA as defined in the LCR paragraphs 49 54(a) (encumbered and unencumbered): (a) (b) Encumbered assets including assets backing securities or covered bonds and initial margin for derivatives transactions. Unencumbered means free of legal, regulatory, contractual or other restrictions on the ability of the bank to liquidate, sell, transfer or assign the asset. 16 Deposits held at other financial institutions for operational purposes as defined in the LCR paragraphs Performing loans and securities are the sum of rows 18, 19, 20, 22 and (c) 36(a) and (b), 37, 39(a), 40(a) and (b), 42(a) and 43(a) 40(d) Net Stable Funding Ratio disclosure standards 5
9 18 Performing loans to financial institutions secured by Level 1 HQLA, as defined in the LCR paragraphs 50(c), (d) and (e). 19 Performing loans to financial institutions secured by non-level 1 HQLA and unsecured performing loans to financial institutions. 20 Performing loans to non-financial corporate clients, loans to retail and small business customers, and loans to sovereigns, central banks and PSEs. 21 Performing loans to non-financial corporate clients, loans to retail and small business customers, and loans to sovereigns, central banks and PSEs with risk weight of less than or equal to 35% under the Standardised Approach. 38, 40(c) and 43(c) 39(b), 40(c) and 43(c) 36(c), 40(e), 41(b), 42(b) and 43(a) 36(c), 40(e), 41(b) and 43(a) 22 Performing residential mortgages. 40(e), 41(a), 42(b) and 43(a) 23 Performing residential mortgages with risk weight of less than or equal to 35% under the Standardised Approach. 24 Securities that are not in default and do not qualify as HQLA including exchange-traded equities. 25 Assets with matching interdependent liabilities Other assets are the sum of rows 27 to Physical traded commodities, including gold. 42(d) 28 Net derivative assets comprising NSFR derivative assets, as calculated according to NSFR paragraphs 34 and 35, net of NSFR derivative liabilities as calculated according to NSFR paragraphs 19 and 20, if NSFR derivative assets are greater than NSFR derivative liabilities. 29 All other assets not included in the above categories, including 20% of derivative liabilities (ie negative replacement cost amounts) as calculated according to NSFR paragraph 19 (before deducting variation margin posted). 40(e), 41(a) and 43(a) 40(e), 42(c) and 43(a) 43(b) 30 Off-balance sheet items. 46, Total RSF is the sum of all weighted value in rows 15, 16, 17, 25, 26 and Net stable funding ratio (%), as stated in paragraph 12 of this document. 36(d), 43(c) and (d) 9 6 Net Stable Funding Ratio disclosure standards
10 Annex 2 Instructions for completion of the NSFR common disclosure template Rows in the template are set and compulsory for all banks. Annex 1 provides a table that sets out an explanation of each line of the common template, with references to the relevant paragraph(s) of the Basel III NSFR rules text. Key points to note about the common template are: Each dark grey row introduces a section of the NSFR template. Each light grey row represents a broad subcomponent category of the NSFR in the relevant section. Each unshaded row represents a subcomponent within the major categories under ASF and RSF items. 7 The relevant subcomponents to be included in the calculation of each row are specified in Annex 1. No data should be entered for the cross-hatched cells. Figures entered in the template should be the quarter-end observations of individual line items. Figures entered for each RSF line item should include both unencumbered and encumbered amounts. 7 As an exception, rows 21 and 23 are subcomponents of rows 20 and 22, respectively. As indicated in Annex 1, row 17 is the sum of rows 18, 19, 20, 22 and 24. Net Stable Funding Ratio disclosure standards 7
Basel Committee on Banking Supervision Net Stable Funding Ratio disclosure standards June 2015 This publication is available on the BIS website (www.bis.org). Bank for International Settlements 2015. All
Basel Committee on Banking Supervision Liquidity coverage ratio disclosure standards January 2014 (rev. March 2014) This publication is available on the BIS website (www.bis.org). Bank for International
Basel Committee on Banking Supervision Consultative Document Basel III: The Net Stable Funding Ratio Issued for comment by 11 April 2014 January 2014 This publication is available on the BIS website (www.bis.org).
Regulatory Practice Letter November 2014 RPL 14-20 BCBS Issues Final Net Stable Funding Ratio Standard Executive Summary The Basel Committee on Banking Supervision ( BCBS or Basel Committee ) issued its
CONSULTATION PAPER P018-2015 Consultation Paper on Disclosure Requirements October 2015 i TABLE OF CONTENTS TABLE OF CONTENTS... ii 1 Preface... 1 2 Specific Areas for Comment... 3 2.1 Scope of Application...
1 The Liquidity Coverage Ratio: The Need for Further Complementary Ratios? ABSTRACT This paper considers components of the Liquidity Coverage Ratio as well as certain prevailing gaps which may necessitate
Net Stable Funding Ratio Aims to establish a minimum acceptable amount of stable funding based on the liquidity characteristics of an institution s assets and activities over a one year horizon. The amount
Basel Committee on Banking Supervision Basel III framework for liquidity - Frequently asked questions July 2011 Copies of publications are available from: Bank for International Settlements Communications
Basel Committee on Banking Supervision Frequently Asked Questions on Basel III s January 2013 Liquidity Coverage Ratio framework April 2014 This publication is available on the BIS website (www.bis.org).
ARAB NATIONAL BANK BASEL III LIQUIDITY COVERAGE RATIO QUALITATIVE DISCLOSURE JUNE 2015 1 Table of Contents Liquidity Coverage Ratio Qualitative Disclosure... 3 Liquidity Risk Management... 3 Funding strategy...
Liquidity Coverage Ratio Aims to ensure banks maintain adequate levels of unencumbered high quality assets (numerator) against net cash outflows (denominator) over a 30 day significant stress period. High
EUROPEAN COMMISSION Directorate-General for Financial Stability, Financial Services and Capital Markets Union DG FISMA CONSULTATION PAPER ON FURTHER CONSIDERATIONS FOR THE IMPLEMENTATION OF THE NSFR IN
Client update 1 Client Update Basel Committee Adopts Net Stable Funding Ratio: How Much Liquidity Is Enough? NEW YORK Gregory J. Lyons email@example.com Lee A. Schneider firstname.lastname@example.org Melissa
Basel Committee on Banking Supervision Frequently asked questions on Basel III monitoring REVISED September 2012 Requests for copies of publications, or for additions/changes to the mailing list, should
Prudential Standard APS 210 Liquidity Objectives and key requirements of this Prudential Standard This Prudential Standard aims to ensure that an authorised deposit-taking institution adopts prudent practices
Basel Committee on Banking Supervision Consultative document Definition of capital disclosure requirements Issued for comment by 17 February 2012 December 2011 Copies of publications are available from:
The challenge of liquidity and collateral management in the new regulatory landscape ICMA Professional Repo and Collateral Management Course 2012 Agenda 1. Background: The repo product under pressure 2.
Basel Committee on Banking Supervision Frequently asked questions on Basel III monitoring February 2013 BANK FOR INTERNATIONAL SETTLEMENTS This publication is available on the BIS website (www.bis.org).
Basel Committee on Banking Supervision Consultative Document: International framwork for liquidity risk measurement, standards and monitoring December 2009 Issued for comment by 16 April 2010 Paragraph
Basel III liquidity the net stable funding ratio and the liquid assets requirement for foreign ADIs 31 March 2016 Disclaimer and Copyright While APRA endeavours to ensure the quality of this publication,
EACB Comments On the BCBS Consultative Document on Net Stable Funding Ratio Brussels, 10 th April 2014 Contact: For further information or questions on this paper, please contact: a. Mr. Volker Heegemann,
Basel Committee on Banking Supervision Reducing excessive variability in banks regulatory capital ratios A report to the G20 November 2014 This publication is available on the BIS website (www.bis.org).
BERMUDA MONETARY AUTHORITY BASEL III FOR BERMUDA BANKS FINAL RULE JANUARY 2015 TABLE OF CONTENTS I. ABBREVIATIONS... 3 II. PREAMBLE... 4 III. BACKGROUND... 6 IV. REVISED CAPITAL FRAMEWORK... 8 IV. PILLAR
Basel Committee on Banking Supervision Consultative Document Revised Basel III leverage ratio framework and disclosure requirements Issued for comment by 20 September 2013 June 2013 This publication is
Standard Chartered Bank (Thai) PCL & its Financial Business Group Registered Office: 90 North Sathorn Road, Silom Bangkok, 10500, Thailand Overview During 2013, the Bank of Thailand ( BOT ) published the
Information on Capital Structure, Liquidity and Leverage Ratios as per Basel III Framework as at Table of Contents Capital Structure Page Statement of Financial Position - Step 1 (Table 2(b)) 3 Statement
Basel Committee on Banking Supervision Basel III leverage ratio framework and disclosure requirements January 2014 This publication is available on the BIS website (www.bis.org). Bank for International
Basel Committee on Banking Supervision Basel III: International framework for liquidity risk measurement, standards and monitoring December 2010 Copies of publications are available from: Bank for International
POSITION PAPER Our reference: 2014/00010 1 (10) 11/04/2014 Basel Committee on Banking Supervision Consultative Document Basel III: The Net Stable Funding Ratio Key suggestions to the current NSFR proposal
Information on Capital Structure, Liquidity Coverage and Leverage Ratios as per Basel-III Framework as at March 31, 2016 Table of Contents Capital Structure Statement of Financial Position - Step 1 ( Table
Prudential Standard APS 210 Liquidity Objectives and key requirements of this Prudential Standard This Prudential Standard requires an authorised deposit-taking institution to adopt prudent practices in
ZAG BANK BASEL II & III PILLAR 3 DISCLOSURES December 31, 2014 Zag Bank (the Bank ) is required to make certain disclosures to meet the requirements of the Office of the Superintendent of Financial Institutions
Basel Committee on Banking Supervision Standards Revised Pillar 3 disclosure requirements January 2015 This publication is available on the BIS website (www.bis.org). Bank for International Settlements
Legal Update May 5, 2016 US Bank Regulators Propose Net Stable Funding Ratio Rule to Enhance Financial System Resiliency The Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the
Basel Committee on Banking Supervision Frequently asked questions on the revised Pillar 3 disclosure requirements August 2016 This publication is available on the BIS website (www.bis.org). Bank for International
Impact assessment of the new liquidity rules on Luxembourg Abstract of the presentation held at the ABBL conference Basel III New Liquidity Rules: Which Impacts for Luxembourg? 1 Context A local Quantitative
The Liquidity Coverage Ratio and Potential Implications for (Small) Business Financing in an Austrian Context Executive Summary (July 2012) A study by IHS (Bernhard Felderer, Ines Fortin) and LBMS (Luise
Basel 3: A new perspective on portfolio risk management Tamar JOULIA-PARIS October 2011 1 Content 1. Basel 3 A complex regulatory framework With possible unintended consequences 2. Consequences on Main
December 2014 The Net Stable Funding Ratio (NSFR) What this means for you Background The concept of liquidity supervision is the driving force behind Basel 3 introducing the following 2 key liquidity measures:
Ref.:EBF_007687 v9 final Brussels, 11 April 2014 Launched in 1960, the European Banking Federation is the voice of the European banking sector from the European Union and European Free Trade Association
February 2011 Basel III: Liquidity Rules 1 Introduction and timing On 16 December 2010 the Basel Committee on Banking Supervision (the Committee ) published the final form of a set of reforms to strengthen
Basel Committee on Banking Supervision Capital requirements for banks equity investments in funds December 2013 This publication is available on the BIS website (www.bis.org). Bank for International Settlements
TD Bank Financial Group Q4/08 Guide to Basel II 1. OVERVIEW General Information on Basel can be found on the Canadian Bankers Association website at www.cba.ca. Choose Issues, Standards, Rules and Guidelines
Liquidity Risk Management Page 342-1 LIQUIDITY RISK MANAGEMENT Introduction 1. (a) The importance of prudent management of liquidity risk has grown in recent years and has attracted much attention around
Close Brothers Group plc Pillar 3 disclosures for the year ended 31 July 2008 Close Brothers Group plc Pillar 3 disclosures for the year ended 31 July 2008 Contents 1. Overview 2. Risk management objectives
Basel Committee on Banking Supervision Frequently asked questions on Basel III monitoring 12 August 2016 This publication is available on the BIS website (www.bis.org/bcbs/qis/). Grey underlined text in
Towards a more stable banking system next steps for the Basel Committee Centre for Business and Policy Studies/SIFR Finance panel 3 October 2014 Stefan Ingves Governor of the Riksbank and Chairman of the
of ALTERNA BANK 1. Scope of Application CS Alterna Bank, a member of the Canada Deposit Insurance Corporation ( CDIC ), operates under the name Alterna Bank. It is a Schedule 1 Bank and received letters
Basel Committee on Banking Supervision Second consultative document Standards Revisions to the Standardised Approach for credit risk Issued for comment by 11 March 2016 December 2015 This publication is
APRA 30 April 2012 The Basel II Capital Accord principles took effect in Australia on 1 January 2008. The framework for the application of Basel II in Australia is comprised of three pillars: Pillar 1:
EBA/CP/2013/41 24.10.2013 Consultation Paper Draft Implementing Technical Standards On Disclosure for the Leverage Ratio under Article 451(2) of Regulation (EU) No 575/2013 (Capital Requirements Regulation
Basel II Pillar 3 Market Discipline and Transparency Simon Topping Hong Kong Monetary Authority 1 Outline of Presentation Market discipline and transparency the theory The challenges of achieving market
Basel Committee on Banking Supervision Frequently asked questions on the Basel III leverage ratio framework April 2016 (update of FAQs published in July 2015) This publication is available on the BIS website
EN ANNEX VI ANNEX IX INSTRUCTIONS FOR REPORTING LARGE EXPOSURES AND CONCENTRATION RISK Table of Contents PART I: GENERAL INSTRUCTIONS... 1 1. STRUCTURE AND CONVENTIONS... 1 PART II: TEMPLATE RELATED INSTRUCTIONS...
Bank Liquidity Requirements: Basel Oversight Committee Endorses Revised Liquidity Standards and Extends Fully Phased-In Compliance to 2019 January 8, 2013 On January 6, the Group of Central Bank Governors
2013 Policy on the Management of Country Risk by Credit Institutions 1 Policy on the Management of Country Risk by Credit Institutions Contents 1. Introduction and Application 2 1.1 Application of this
Guideline Subject: Liquidity Adequacy Requirements (LAR) Chapter 2 Date: November 2014 Subsection 485(1) and 949(1) of the Bank Act (BA), subsection 473(1) of the Trust and Loan Companies Act (TLCA) and
CONSULTATION PAPER P018-2006 November 2006 Proposals for the Implementation of Basel II in Singapore - Phase 4 PREFACE In June 2004, the Basel Committee on Banking Supervision ( BCBS ) issued its report
Enhancing Risk Management and Governance in the Region s Banking System to Implement Basel II and to Meet Contemporary Risks and Challenges Arising from the Global Banking System Training Program ~ 8 12
IFRS and Basel Accord: main objectives and key priorities Ian Michael ICAEW Manager, Risk and Regulation, Financial Services Faculty Accounting for financial instruments The project to replace IAS 39 Project
Basel II, Pillar 3 Disclosure for Sun Life Financial Trust Inc. Introduction Basel II is an international framework on capital that applies to deposit taking institutions in many countries, including Canada.
Table 1 Scope of Application a) Scope These qualitative disclosures set out Bank AlBilad approach to Capital Assessment. b) Basis of Consolidation For accounting purposes all entities where control exists,
Santander Views on Basel s Liquidity Framework Presentation Santander welcomes the effort made by the Basel Committee to safeguard financial market stability and to preserve the system from a renewed liquidity
k Global Liquidity Management December 2014 Liquidity Investment Challenges Executive summary The landscape for liquidity investors has changed dramatically in the years since the financial crisis. These
February 2013 Capital Market Services UK Limited Pillar 3 Disclosure Contents 1.0 Overview 2.0 Frequency and location of disclosure 3.0 Verification 4.0 Scope of application 5.1 Risk Management objectives
REMARKS ON THE BASEL CAPITAL FRAMEWORK AND TRADE FINANCE, 27 FEBRUARY 2014 SESSION 4 Mr. Andrew CORNFORD Research Fellow Financial Markets Center 1 Webster2014.B3&TF Remarks on the Basel Capital Framework
Financial Supervision Authority advisory guidelines Requirements for management of liquidity risk The advisory guidelines have been established by Resolution No 1.1-7/47 of the Financial Supervision Authority
Capital adequacy analysis and liquidity risk Q1 2016 This report includes information about capital adequacy and liquidity risk. The information is published on a quarterly basis at the BlueStep website.
MAIN FEATURES OF THE 2014 EU-WIDE STRESS TEST 31 January 2014 Main features of the 2014 EU-wide stress test COMMUNIC TEST Main features of the 2014 EU-wide stress test Background 1. The EBA is required,
June 28, 2013 Comments on the Basel Committee on Banking Supervision s Consultative Document: Supervisory framework for measuring and controlling large exposures Japanese Bankers Association We, the Japanese
CEIOPS-DOC-15/09 26 March 2009 Guidelines on preparation for and management of a financial crisis in the Context of Supplementary Supervision as defined by the Insurance Groups Directive (98/78/EC) and
Risk Management Programme Guidelines Submissions are invited on these draft Reserve Bank risk management programme guidelines for non-bank deposit takers. Submissions should be made by 29 June 2009 and
GUIDANCE NOTE FOR DEPOSIT TAKERS Liquidity Risk Management April 2010 (updated March 2011, January 2012 and March 2014) Version 1.4 Contents Page No. Introduction 2 Part 1 Deposit takers incorporated in
Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of the Comptroller of the Currency Interagency Guidance on Funds Transfer Pricing Related to Funding and Contingent
Basel Committee on Banking Supervision Consultative Document Application of own credit risk adjustments to derivatives Issued for comment by 17 February 2012 December 2011 This publication is available
Key matters in examining Liquidity Risk Management at Large Complex Financial Groups (1) Governance of liquidity risk management Senior management of a large complex financial group (hereinafter referred
Basel Committee on Banking Supervision Ninth progress report on adoption of the Basel regulatory framework October 2015 This publication is available on the BIS website (www.bis.org). Bank for International
Risk Management Programme Guidelines Prudential Supervision Department Non-bank deposit takers Issued: July 2009 2 CONTENTS Part 1 Introduction... 3 1. Purpose of this document... 3 2. Meaning of risk...
Onno Steins, MSc. Advisor Risk Management t +31 20 55 02 816 m +31 6 39 57 10 30 e email@example.com Basel Committee on Banking Supervision Via email firstname.lastname@example.org Date April 16, 2010 Reference BR1122
COMPUTERSHARE TRUST COMPANY OF CANADA BASEL III PILLAR 3 DISCLOSURES December 31, 2013 Table of Contents Scope of Application... 3 Capital Structure... 3 Capital Adequacy... 3 Credit Risk... 4 Market Risk...
Basel Committee on Banking Supervision Instructions for calculating capital requirements for bank default fund exposures to central counterparties November 2012 This publication is available on the BIS
Bank Capital Adequacy under Basel III Objectives The overall goal of this two-day workshop is to provide participants with an understanding of how capital is regulated under Basel II and III and appreciate
Basel Committee on Banking Supervision Basel III counterparty credit risk - Frequently asked questions November 2011 Copies of publications are available from: Bank for International Settlements Communications