2014-04-16T16:36:07-04:00 endobj xmp.iid:60DE8A9ED42B681180839570CB69D788 tnHN7rqrK+o9Js9Ih7Xs3sI7iFVHpLZPqD5fV01uF6osyGOe46Vs1IHmiZWgBudO6ZZlXe21rQ2H 2014-04-10T12:11:10-04:00 nkNDD8gh0UN3U3NrO55DQOSdE1LQz/rF0jH/AEHrC612grq97ifkiIkqJDx3VerC691bMbbY2S1t 2014-04-16T16:57:51-04:00 V2KuxV2KuxV2KuxV2KuxV2KuxV2KuxV2KuxV2KuxVJfJn/KH6D/2zbP/AJMR4qnWKuxV2KuxV2Ku kdlIZ0wxx2zHQHU27haC0GYjlRynbLHFRb7K2D2y0BQas9hFk217mU1tFtjDvd4AeascsC0+cIoN eUw18oRZP1g6xS8Bt9rwRP0ip8PFkjrKmpzQhhmAMYIRf85+s/6S7/Pd/cpfaP8AnGv78f8AM/y+ The general definition of liquidity risk comes from the combination of the two types of liquidity risk: market liquidity risk and funding liquidity risk. The second section discusses how selected key features of the Basel III liquidity rules can help reap the theoretical benefits of liquidity in practice. <> v7pP+ynFUdpPl3VNOvI7m61q4vo0DVhk58W5CgrymcbdemKsgxV2KuxV2KuxV2KuxV2KuxV2KuxV mFKlW2sT649EzSRj2PdAn6BCXCVGQCSz60dJrMOc+fJpKPAVvuBifrZ0Zrdz3vaPNqPtlXuRa7/r 4Onb5FMy7L8YNuZtBEFV2RpWdEGXks2PgEjeDrp3VjFkOzFkj1ekaG1tbW0Q1oAHyU7CvrMJKZAw Assuming banks were to make no changes to their liquidity risk profile or funding structure, as of end-2009: The average LCR for Group 1 banks was 83%; the average for Group 2 banks was 98%. The Committee also assessed the estimated impact of the liquidity standards. ftnTUxqkphh2fVfEGY37Zjubm2b3gWQA0CGsEvcdNe/fSBokpLdkfVO+w22ZNG5zxYdtxaC5p3DR QiMkFVLBYjM0coLRQwclklPw4fFjczUWorKDJkSTVGRFwqN0NhfSVeJl8rOEw9N14/NGJ5SkhbSV h03/AKQ4P+qeKu/wZ5P/AOrDpv8A0hwf9U8Vd5M/5Q/Qf+2bZ/8AJiPFU6xV2KuxV2KuxV2KuxV2 2014-05-29T22:56:13-04:00 WWmnS0VWOYGP294KSnZSUpJTX6f/AMn43/E1/wDUhJTYSUpJSklKSUpJSklKSUpJSklKSUpJSklK e4d5CSHn/rh0pmRjDqtI/S4+loH5zD3+SmwTo0xZ4XG0f1K6m6wW9MuMhg31g/unRwTuYhWq3l53 p108gpY49N2IzFscDqND+m+rkOa1wklo7EJtLrcLqeRZk5Bcb3vpdrWwuO0DwASOiyUyG99UczHw Nnd3J41p9tmp1wxgImwxnmlMAHor5JrdirsVdirsVdirsVdirsVdirsVdirsVdirsVdirsVdirsV cbo:725/723 xmp.iid:F87F1174072068118A6D9C3D03352480 9uoB8U1eySUxKSWl1OvdivIEkAkJwWyeHtzuq5Dyyhuxo0lOWUm6b0zNzc+irIsJDnguHkNSkToo nnLcLRq1mXZP3nwqGr6Um9WaPiBx5cqr0pg8aNp/K5Kvb5j3tSavYxo7cnfgvMhEcnpyp9mnKnbE 90 0 obj qLjI2Oj4OUlZaXmJmam5ydnp+So6SlpqeoqaqrrK2ur6/9oADAMBAAIRAxEAPwCbeU/KflW58q6L Fur/APV00n/gLn/qlirv8W6v/wBXTSf+Auf+qWKp/oN15gvjHeXU9jPp8itxa2EocspK/wC7FXao Vv8AxF5APWxh/wCkRP8AmnFUw0TVvKl7fLDpNrHFc8WZXW3WMgAfF8QA7HFWS4q7FXYq7FXYq7FX liquidity risk is typically stable and low, with occasional spikes, especially around key events during the recent crisis. mwkpSSlJKUkpSSlJKUkpSSlJKUkpSSlJKUkpSSlJKUkpSSlJKczqXXKun5VWDXS/Jyrm+oK64aGs FbFCI8FS0eEzFmLwJHKC8SVDNFOSorJjc8I1RCeTo7M2F1RkdMPS4ggmgwkKGBmElEVGpLRW01Uo WWl5iZmpucnZ6fkqOkpaanqKmqq6ytrq+hEAAgIBAgMFBQQFBgQIAwNtAQACEQMEIRIxQQVRE2Ei 2014-04-15T16:12:32-04:00 BnGBkTKhsfAUwdHhI0IVUmJy8TMkNEOCFpJTJaJjssIHc9I14kSDF1STCAkKGBkmNkUaJ2R0VTfy 113 0 obj mf8AKH6D/wBs2z/5MR4qiNV1y20holnhnmMwJHoR86cafa3HjiqX/wCNdO/5ZL7/AJEH/mrFXf41 azqWWZa0CsDwVpptay22w+97nJIRGokcJKthSbK7mvZO5pBCUhYTGVF7bqD8Z1LLMgBzXtaYPiQs xmp.iid:23CF33D90E20681188C6BB9613E52344 endobj 2014-04-08T14:49:19-04:00 application/pdf ZCcxInNMxBSRRW2u0ABJ7JWmi3sSi2lj7rgWgtMN/OKjyS9NMmOBBsujjYOLita+jWQPcdSQs8W6 mf8AKH6D/wBs2z/5MR4qiNV1y20holnhnmMwJHoR86cafa3HjiqX/wCNdO/5ZL7/AJEH/mrFXf41 P/bNs/8AkxHiqdYq7FXYq7FXYq7FXYq7FXYq7FXYq7FXYq7FXYq7FXYq7FXYq7FXYq7FXYq7FUl8 For that reason the QIS results are not comparable to industry estimates, which tend to be based on forecasts and consider management actions to mitigate the impact and which incorporate analysts' estimates where information is not publicly available. 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