Following the publication of the interim report on liquidity buffers and “survival” periods in March 2009, CEBS has launched a public consultation on its draft guidelines on the appropriate size and composition of liquidity buffers in order to enable credit institutions to withstand a liquidity stress for a period of at least one month without changing their business models. The guidelines are aimed primarily at banks’ internal risk management processes, although they may be helpful for supervisory review purposes as well.
CEBS's consultation paper (CP28) should be read as a follow-up to CEBS’s Recommendations on liquidity risk management, in particular to Recommendation 16.
Comments received will be published on CEBS’s website unless respondents explicitly request otherwise.
A public hearing will take place on Tuesday 22 September 2009 from 10.30 am to 12.30 pm at the CEBS’s premises in order to allow all interested parties to put forward their views on the consultation paper.
Registrations should be received by Wednesday, 16 September 2009.