Riksbank supports plan for LCRs in all significant currencies
Swedish central bank thinks liquidity coverage ratio should be 100% in all major currencies
Sveriges Riksbank supports a plan requiring banks to meet liquidity coverage ratios for all significant currencies, a proposal put forward by the financial regulator Finansinspektionen.
“This is an important step in strengthening the banks’ resilience to liquidity risks,” says the Riksbank. The institution “has long considered that the Swedish banks should face LCR requirements in both Swedish krona and other significant currencies”.
However, the central bank disagrees on the 75% ratio the
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