BCBS D421

From Open Risk Manual

Definition

BCBS D421 is a document published by the Basel Committee on Banking Supervision on October 2017 in the Liquidity Risk category.

Title

Regulatory Consistency Assessment Programme (RCAP) - Assessment of Basel III LCR regulations - Canada.

Abstract

Through its Regulatory Consistency Assessment Programme (RCAP), the Basel Committee monitors the timely adoption of regulations by its members, assesses their consistency with the Basel framework and analyses the quality of intended regulatory outcomes. The RCAP also helps member jurisdictions to identify deviations from the Basel framework and assesses their materiality.

This report describes the Committee's assessment of the implementation of the Basel Liquidity Coverage Ratio (LCR) standards in Canada, which has been judged as compliant. This is the highest possible grade.

The report also provides information on the local implementation of the Committee's Principles for sound liquidity risk management and the monitoring tools for liquidity risk.

Document Profile

  • Publication Date: October 2017
  • Publication Type: Implementation Reports
  • Publication Status: Current
  • Publication Category: Liquidity Risk
  • Number of Pages: 36
  • Keywords: Liquidity, RCAP, LCR, Liquidity Risk

See Also

Disclaimers

For definitive information on regulatory matters always consult primary sources, especially where it concerns legally binding rules and regulations.

The above regulatory document abstract is quoted verbatim in this Open Risk Manual entry and provided free of charge for the convenience of all internet users. There is no explicit or implicit endorsement of this web service by the Bank of International Settlements. The copyright of the included material rests with the original authors (Links to the original texts are duly provided).