We never know the worth of liquidity until it is gone. 2023 was littered with banks that lost the good fight, and every one of them exposed liquidity challenges in the financial industry. Now, regulators across the globe are intensifying their focus on liquidity...
Principles are good. They set the tone. The interpretation of these principles in regulation is necessary. However, and for example, regulations, such as a strong LCR didn’t help Credit Suisse. It has been mooted in certain quarters that the answer is ‘more’. More...