New ECB guidelines extend active monitoring to intraday liquidity – but are banks ready?

February 22, 2019 at 12:01AM Are banks ready to meet the ECB’s latest expectations? November 2018 saw the publication of the ECB’s final guides on banks’ internal capital and liquidity management. The non-legally binding guidelines, which came into effect on 1 January 2019, focus on financial institutions’ internal capital and liquidity adequacy assessment processes (ICAAPS and ILAAPS). The new guidelines make clear the ECB’s desire for banks to strengthen their capital and liquidity adequacy assessment processes. Turning to the case of liquidity adequacy, they mark a shift in approach by the ECB: assessment of liquidity adequacy is set to change … Continue reading New ECB guidelines extend active monitoring to intraday liquidity – but are banks ready?