The U.S. Liquidity Coverage Ratio (LCR) rule is designed to promote resiliency of the banking sector by requiring that certain large U.S. banking organizations (Covered Companies) maintain a liquidity ...
In her International Banking column, Arnold & Porter counsel Kathleen A. Scott writes that after protests from the banking industry that the imposition of a "liquidity coverage ratio," aimed at making ...
Daniel Tarullo, former governor of the Federal Reserve, was one of several authors on a paper that proposes new liquidity requirements for large banks. Revised liquidity standards are the key to ...
For years, stablecoins have been discussed as a faster alternative to traditional payments. That framing misses the deeper ...
NEW YORK — Federal Reserve Vice Chair for Supervision Michael Barr said Thursday that the central bank is readying a rule to compel large banks to keep a minimum level of reserves and prepositioned ...