Regulator eyes bank liquidity requirements

The Committee of European Banking Supervisors(CEBS) have proposed July 2009 a system of rules to force banks to hold a month’s worth of cash and other liquid assets in case of financial crisis.

Committee of European Banking Supervisors: Homepage http://www.c-ebs.org/

CEBS: Press Release, 7.7.09: CEBS publishes for consultation its draft guidelines on liquidity buffers http://www.c-ebs.org/Publications/Consultation-Papers/All-consultations/CP21-CP30/CP28.aspx

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