Securitization Perspectives: Final U.S. Liquidity Coverage Ratio
On September 3, 2014, the U.S .banking agencies adopted final rules implementing a liquidity coverage ratio (LCR) requirement that will test a bank's ability to withstand liquidity stress periods. The specific objective of the LCR rules is to ensure that a bank has enough high quality liquid assets (referred to as HQLA) that can be immediately converted into cash to meet its liquidity needs for a 30-day stress period. For more information about the LCR and its impact on securitization, please click the appropriate link below.
WEBINAR PRESENTATION SEPTEMBER 10, 2014
Also, on September 10, 2014, Chapman and Cutler hosted a regulatory update program regarding the recently adopted final rules implementing Regulation AB II and the Liquidity Coverage Ratio. The presentation focused on those elements of the final rules that will have the greatest impact on the securitization market.
To watch the webinar, please click here.