U.S. regulators approve new-look liquidity rule despite opposition

U.S. regulators approve new-look liquidity rule despite opposition

October 22, 2020, Global Banking Regulation Review

Randy Benjenk spoke with Global Banking Regulation Review about the FDIC’s newly adopted net stable funding ratio.

Mr. Benjenk says with the U.S. presidential election looming, it is unlikely that the NSFR rules will be revisited soon even if there is a change in political administration. “The NSFR has not been as big of a political focus as other prudential rules, and it is likely the next set of agency leaders under any administration would first comprehensively review the capital and liquidity rules enacted in the last five to 10 years as a whole, taking into account how they are changing bank behavior,” he adds.