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Basel Committee finalizes Net Stable Funding Ratio for long-term liquidity

( October 31, 2014, 10:40 GMT | Official Statement) -- MLex Summary:  Global banking standard-setters finalized long-term liquidity requirements called the Net Stable Funding Ratio, taking effect at the start of 2018. Changes from a January proposal allow some offsetting of interdependent asset and liabilities, along with adjustments for short-term lending among banks and other financial companies, as well as derivatives and related collateral.Full statement follows. The final standard is attached....

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