Controlling the Flows
Enhanced Liquidity Ratios for Europe Bring Extra Burden to Firms
Selwyn Blair-Ford, head of global regulatory policy, Wolters Kluwer Financial Services
At the heart of the financial crisis of 2008 was a crisis of liquidity. As firms' access to cash dried up, they couldn't meet their immediate liabilities. Since the crisis, reforms like Basel III have sought to make certain that market participants such as banks, building societies and investment firms have adequate liquidity buffers in place to absorb such shocks.
Back in 2010, the Basel Committee introduced the Liquidity Coverage Ratio (LCR), a calculation providing a view of a firm's short-te
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Waters Wavelength
Waters Wavelength Podcast Episode 87: Disaster Recovery & Initial Margin Rules
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.
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