Basel III and beyond: Making the right call on LCR

The finalised Basel III standard on the Liquidity Coverage Ratio (LCR) was unveiled in January 2013, ready for what will now be a phased introduction from January 2015. But a significant number of grey areas remain, many of which are unlikely to be ironed out by 2015. The January announcement has also created a number of new operational demands. It’s therefore vital that your business takes the initiative by coming up with solutions that reflect the liquidity risk management strategy within the business, can be clearly articulated to frontline teams and can be fully justified to your supervisors.