Originally Posted by
ARL120384
Don't forget this:
The LCR and ILC reserve grids shall be set as follows, pursuant to current minima calculation methodology: a. The LCR 4 grid or ILC 4 grid, as applicable, shall be set to allow transactions to and including a net reserve coverage of zero (0). b. The LCR 3 grid or ILC 3 grid, as applicable, shall be set to fifty percent (50%) of the calculated requirement. c. The LCR 2 grid or the ILC 2 grid, as applicable, shall be set to seventy-five percent (75%) of the calculated requirement.
that sounds great in an email. We will see how it plays out in practice. I’m not holding my breath for any real change but I will be pleased to be wrong.