Pillar 2 liquidity: Updates to the framework

Our response focuses on HQLA and PRA 110, specifically timing and superequivalence aspects.

We are pleased to offer comments from our members and associates on this consultation paper.    We understand and fully support the Prudential Regulation Authority’s need to monitor banks’ and building societies’ liquidity.   But we remain concerned by the superequivalence and timing aspects of these, and earlier, proposals.  In this response we focus on HQLA and PRA 110.

Click here to read the full response.