Liquidity Adequacy Requirements

OSFI is issuing the final version of its guideline on Liquidity Adequacy Requirements. The guideline establishes the framework within which OSFI will assess whether a bank, a bank holding company, a trust company, a loan company or a retail association maintains adequate liquidity.

The implementation date of the Liquidity Coverage Ratio (LCR) standard is January 1, 2015. The implementation date for filing of data supporting some of the other liquidity monitoring tools is also set for January 2015. Implementation of the intraday liquidity monitoring tools and Net Stable Funding Ratio (NSFR) will follow the Basel implementation timelines.