Reuters article covers draft LCR rules

15/09/2014

Reuters, in an article published today on the LCRs (quoting PCS), addresses comprehensively some of the issues around the LCR definitions for both ABS and Covered Bonds.  In particular, it discusses the notion, with which PCS agrees, that the current proposals may not be the end of the story even after they are endorsed.  A review could well be required sooner rather than later.

Reuters article covers draft LCR rules
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