Norm includes formulating a concept, collecting data and spain telegram data conducting a comprehensive analysis, publishing a consultative report, discussing it with the market and then refining the concept. And only after that does the development of a regulatory act or acts take place, depending on the complexity of the issue. Then they still need to be approved by the Ministry of Justice. On average, the cycle of developing a complex regulation takes about 9 months, but this is if everything goes according to plan and there are no delays in receiving data (unfortunately, banks cannot always provide figures quickly, and sometimes they provide incorrect data and you have to re-request them), revising the concept, which also sometimes happens.
Were questions about liquidity
regulation, which we talked about earlier – that we somehow delayed the transition to the national standard. This is not true at all. Let me remind you that when, after the stress of 2022, we gave relaxations to the existing Basel standard these sources include smart sensors and surveillance cameras of the short-term liquidity coverage, we then recommended that banks restore its level.
Some participants did not follow
ate up the “liquidity”, used it to increase the loan portfolio. In private conversations, they even admit that they monetized liquidity. Therefore, in america email 2024, we clarified the calculation of the Basel standard of short-term liquidity and, as far as possible, adapted it to our specifics. At the same time.