As a follow-up to the January 31, 2014 Joint Trade Association’s Comment Letter on Proposed US LCR, representatives of the associations met with U.S. regulators in Washington several months ago. A second letter was submitted to US regulators (the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and the Board of Governors of the Federal Reserve System) on July 1st, 2014.
In the second letter the Joint Associations provided empirical analysis based on data collected and compiled by an independent third-party consultant. The Associations also provide additional information with respect to certain topics addressed in the original comment letter, dated January 31, 2014.
Please access the full comment letter “Liquidity Coverage Ratio: Liquidity Risk Measurement, Standards, and Monitoring” from July 1, 2014, including the names of the participating associations here.
Please access the original comment letter from January 31, 2014 here.