The Federal Reserve proposed new rules on Tuesday which mandate that large banks disclose their consolidated liquidity coverage ratios and high-quality asset levels each quarter. The Fed seeks comments on the proposed rules by Feb. 2. Large banks to disclose LCR quarterly The Fed believes one of the key lessons of the recent financial crisis was that market participants did not have adequate access to information about the liquidity risk profiles of large banking firms. In an effort to enhance market transparency, the Fed wants the country’s largest banks to disclose the amount of high-quality liquid assets they hold and other key…
Fed's New Rules Propose Large Banks Disclose Liquidity Profiles
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports