New draft bill on the contribution of financial institutions to State revenue
As part of the Belgian government agreement, it was decided that banks and insurance companies should pay an additional tribute to the State revenue, thanks to an amendment to the notional interest deduction regime (NID), taking into account Basel III and Solvency II agreements. Following a proposal by the Finance Minister Johan van Overtveldt, the
Basel III & beyond: revised Liquidity Coverage Ratio (LCR)
Background to the changes The key changes High Quality Liquid Assets Cash outflows and run-off rates Cash inflows Application of the metric Monitoring tools PwC preliminary assessment Introduction On 7 January 2013 the Basel Committee on Banking Supervision (BCBS) issued a finalised standard on the Liquidity Coverage Ratio (LCR). The LCR forms one of
