Basel Committee Releases Liquidity Coverage Ratio
The Bank for International Settlements’ Basel Committee on Banking Supervision (“Basel Committee”) issued its plan for the revised Liquidity Coverage Ratio (“LCR”), which is an essential component of the Basel III capital reforms, on January 7, 2013
KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.