Liquidity Coverage Ratio and IAS: Difference between pages

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imported>Doug Williamson
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''Bank regulation''
International Accounting Standard(s).


(LCR).


The LCR is a requirement under Basel III for a bank to hold high-quality liquid assets (HQLAs) sufficient to cover 100% of its stressed net cash requirements over 30 days.
''Certain International Accounting Standards have been withdrawn or superseded, including:


 
''IAS 3, IAS 4, IAS 5, IAS 6, IAS 9, IAS 11, IAS 13, IAS 14, IAS 15, IAS 17, IAS 18, IAS 22, IAS 25, IAS 30, IAS 31, IAS 35, IAS 39.''
The purpose of this requirement is to ensure that banks can manage stressed market conditions, under which the bank is assumed to suffer substantial outflows of the cash previously deposited with it.
 
The LCR applies throughout the European Union.
 
The LCR has been implemented in stages from 2015, to reach the 100% requirement by January 2019.
 
 
It reduces the value to a bank of cash deposits of less than 30 days tenor, because they are only worth the income on the HQLAs if a bank forecasts no short term cash receipts to cover repayment.  




== See also ==
== See also ==
* [[Basel III]]
* [[EFRAG]]
* [[European Union]]
* [[FAS]]
* [[Net Stable Funding Ratio]]
* [[Financial statements]]
* [[Cash investing in a new world]]
* [[Financial Reporting Standard]] (FRS)
* [[HQLA]]
* [[Generally accepted accounting principles]] (GAAP)
* [[Level 1 liquid assets]]
* [[International Accounting Standards]] (IAS)
* [[Level 2 liquid assets]]
* [[International Financial Reporting Standards]] (IFRS)
* [[Leverage Ratio]]
* [[Statement of financial accounting standard]]
* [[Liquidity buffer]]
* [[Statement of Standard Accounting Practice]] (SSAP)
* [[Liquidity risk]]
* [[LR]]
* [[OLAR]]
* [[Pillar 1]]
* [[Required Stable Funding]]
* [[Stress]]
* [[Survival period]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]
[[Category:Compliance_and_audit]]
[[Category:Liquidity_management]]

Latest revision as of 10:49, 5 October 2023

International Accounting Standard(s).


Certain International Accounting Standards have been withdrawn or superseded, including:

IAS 3, IAS 4, IAS 5, IAS 6, IAS 9, IAS 11, IAS 13, IAS 14, IAS 15, IAS 17, IAS 18, IAS 22, IAS 25, IAS 30, IAS 31, IAS 35, IAS 39.


See also