The Basel Committee on Banking Supervision issued today, 9 December 2014, a consultative document Net Stable Funding Ratio (NSFR) disclosure standards. Today’s document follows the Committee’s Final Standard for NSFR published in October 2014 and sets out a required disclosure format for NSFR in order to harmonise and ensure consistency in NSFR reporting.
The first reporting period for NSFR will begin on 1 January 2018. NSFR will be reported with the same frequency as banks publish their financial statements. NSFR is part of Basel Committees liquidity framework and aims at reducing long term funding risk.
The consultation period runs until 6 March 2015.