Sunday, 22 December 2024
Basel Committee assesses global standards implementation in Mexico and Switzerland
Mexico's implementation of the Net Stable Funding Ratio (NSFR) standard and large exposures framework (LEX) are compliant with the global standards set by the Basel Committee on Banking Supervision, according to reports published today (NSFR, LEX).
In addition, a follow-up assessment finds Mexico largely compliant with the Committee's Liquidity Coverage Ratio (LCR) standard (LCR follow-up assessment). This updates the initial assessment that was published in 2015 and found Mexico's implementation of the LCR compliant (LCR).
Switzerland's implementation of the NSFR standard and LEX framework are largely compliant with the global standards set by the Committee, according to reports also published today (NSFR, LEX).
The Basel Committee's assessment reports form part of its Regulatory Consistency Assessment Programme (RCAP), a series of reports on the implementation of Basel standards by member jurisdictions of the Basel Committee.
Re-disseminated by The Asian Banker
