Level 1B liquid assets and PS7/13: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Create the page. Source: PRA PS7/13.)
 
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''Bank regulation - liquidity''
''Banking.''  


Level 1B liquid assets are those of the second highest liquidity quality.
The UK Prudential Regulatory Authority's Policy Statement 7 of 2013.
 
 
They rank in between Level 1A and Level 2 liquid assets.
 
 
Level 1B liquid assets include EU covered bonds with a Credit Quality Step (CQS) of 1 and the largest minimum issue size.
 
They are eligible for inclusion in a regulated bank's High Quality Liquid Assets (HQLAs) with only a small haircut of 7%.


PS7/13 sets out the related rules and supervisory statements to implement the EU's CRD IV in the UK.




== See also ==
== See also ==
* [[Covered bond]]
* [[AT1]]
* [[Credit Quality Step]]
* [[Capital Requirements Directive]]
* [[Haircut]]
* [[Basel II]]
* [[High Quality Liquid Assets]] (HQLAs)
* [[Basel III]]
* [[Level 1 liquid assets]]
* [[Capital adequacy]]
* [[Level 1A liquid assets]]
* [[Capital Adequacy Directive]]
* [[Level 2 liquid assets]]
* [[CET1]]
* [[Liquid]]
* [[CRD IV]]
* [[Liquidity ]]
* [[Prudential Regulatory Authority]]
* [[Liquidity buffer]]
* [[T2]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 10:21, 31 July 2016

Banking.

The UK Prudential Regulatory Authority's Policy Statement 7 of 2013.

PS7/13 sets out the related rules and supervisory statements to implement the EU's CRD IV in the UK.


See also