Analysts do not expect APRA to follow eased BCBS liquid assets process

Early responses from Australian analysts offer little expectation that the Australian Prudential Regulation Authority (APRA) will follow the decision of the Basel Committee on Banking Supervision (BCBS) to ease liquidity coverage ratio (LCR) requirements for banks. On January 6 the BCBS increased the range of assets qualifying as level two liquids and extended the timetable for full LCR implementation, by four years, to 2019.