Addendum 1: Operational notice pertaining to the committed liquidity facility – November 2015
Last Modified Date:
2020-10-01, 09:30 PM
Notices > Operational Notice
During 2012, the South African Reserve Bank (Bank) approved the provision of a committed liquidity facility (CLF) in order to assist banks in meeting the requirements of the liquidity coverage ratio (LCR). Guidance Notes 5/2012 and 6/2013 were issued to inform banks about the details of acceptable collateral for the CLF. Guidance Note 8/2014 replaced Guidance Note 6/2013 and contained revised guidelines in terms of the acceptable collateral and other requirements for the CLF and other related conditions, while this Addendum to the Operational Notice (Addendum 1) provides details on the operational requirements thereof...