Liquidity risk

The EBA has a broad mandate related to liquidity risk stemming from the Capital Requirements Regulation (CRR). The EBA's deliverables in the area of liquidity are mainly binding technical standards (BTS) and reports. While the CRR explicitly refers only to liquidity reporting, those aspects linked to the calibration of a specific liquidity coverage requirement are to be included in a delegated act to be adopted by the EU Commission. The EBA's mandate in the development of BTS includes uniform reporting formats, currencies with constraint availability of liquid assets, and additional outflows stemming from collateral needs due to an adverse market scenario. The EBA is also mandated to inform the work of the European Commission with two reports: (i) on the economic impact of liquidity risk regulation and (ii) on possible criteria for the definition of high-quality liquid assets.

Technical Standards, Guidelines & Recommendations

  • Guidelines on the LCR disclosure

    These Guidelines aim to specify key liquidity ratios and figures in a harmonised manner across the EU, as envisaged in Article 435 (1) CRR for the general disclosure framework which includes liquidity risk. They build on the Liquidity Coverage Ratio disclosure standards published by the Basel Committee on Banking Supervision (BCBS) in March 2014. They contain a harmonised table on liquidity risk management and harmonised templates for the LCR disclosure together with all relevant instructions.

    Status: Under development

  • Regulatory Technical Standards on criteria for a preferential treatment in cross-border intragroup financial support under LCR

    The draft Regulatory Technical Standards (RTS) specify the additional objective criteria listed in the Delegated Act (Commission Delegated Regulation EU No 2015/61 of 10 October 2014), for the application of a preferential treatment in the calculation of the liquidity coverage requirement (LCR) for cross-border intragroup liquidity flows. The proposed draft RTS set out in more detail the additional criteria that institutions within a group or within an institutional protection scheme (IPS) need to meet in order to be able to apply higher inflows and/or lower outflows on liquidity and credit facilities on cross-border transactions. These criteria, as already specified in the LCR Delegated Act, aim at ensuring the effectiveness of the liquidity support.

    Status: Final draft adopted by the EBA and submitted to the European Commission

  • Implementing Technical Standards amending Commission Implementing Regulation (EU) No 680/2014 (ITS on supervisory reporting) with regard to the Liquidity Coverage Ratio (LCR)

    Following the Commission’s adoption on 10 October 2014 of a Delegated Act specifying the LCR framework, the EBA has now developed amendments to the current ITS on reporting. These draft ITS will provide credit institutions with a completely new set of templates and instructions so as to capture all the necessary LCR items and to adequately ensure a proper supervisory reporting of the LCR according to the Commission’s Delegated Act. The proposed amendments are only applicable to credit institutions and not to investment firms (the latter will continue reporting the LCR items using the current instructions and templates).

    Status: Adopted and published in the Official Journal

  • Technical Standards (TS) on currencies with constraints on the availability of liquid assets

    These technical standards (ITS and RTS) draw a list of currencies featuring constraints on the availability of liquid assets and specify the derogations that could be applied to such currencies to address the inherent difficulties that institutions would face in meeting their liquidity coverage requirement even in spite of a sound liquidity management.

    Status: Final draft adopted by the EBA and submitted to the European Commission

Opinions, Reports and other Publications




Other Publications

  • Call for advice to the EBA for the purposes of the Net Stable Funding Requirements and the Leverage Ratio [213KB]

    The European Banking Authority (EBA) informed today that it will incorporate additional analysis into its calibration reports on Net Stable Funding Requirements and Leverage Ratio. The announcement follows a request by the European Commission (EC) to obtain further advice so as to ensure... Read More


  • Discussion Paper on Defining Liquid Assets in the Liquidity Coverage ratio [598KB]

    The EBA issues today a discussion paper presenting the methodology and scope of its forthcoming analysis on definitions of highly liquid assets. The proposed methodology is based on a scorecard, which aims at producing an ordinal ranking of assets by combining a set of different liquidity indicators. Following the outcome of the analysis, the EBA will report to the European Commission on appropriate definitions of high and extremely high liquidity and credit quality of transferable assets for the purpose of the LCR. ... Read More