Addendum 1: Operational notice pertaining to the committed liquidity facility – August 2016
Last Modified Date:
2020-10-01, 09:30 PM
Notices > Operational Notice
During 2012, the South African Reserve Bank (SARB) 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, 8/2014 and 5/2015 were issued to inform banks about the details of eligible collateral for the CLF. Guidance Note 6/2016 replaces Guidance Note 5/2015 and attempts to address some areas of uncertainty identified and contains revised guidelines in terms of eligible collateral, pricing and other requirements related to the CLF for the period 1 December 2016 to 30 November 2017...