SFIG Regulatory Briefing Book: Liquidity Coverage Ratio Final RuleDownload
In September 2014, the U.S. banking agencies adopted final rules implementing a liquidity coverage ratio 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 that can be immediately converted into cash to meet its liquidity needs for a 30-day stress period.
In collaboration with the Structured Finance Industry Group (SFIG), Chapman attorneys authored a guide summarizing elements of the final rules that have the greatest impact on the securitization market. We hope that you find this information to be helpful and informative.