Virgin Money supports the increased transparency provided by the disclosure of encumbrance through central bank liquidity assistance. Through clear regulatory guidance that central banks liquidity facilities should be used for the on-going management of liquidity, the PRA has removed the stigma attached to use of central bank liquidity facilities.
Virgin Money supports the disclosure of median values. This approach addresses the recognised limitations of reporting encumbered and unencumbered assets at a given reference date.
Virgin Money supports the disclosure of median values.
Virgin Money supports the disclosure of liquid assets segregated by EHQLA and HQLA. The approach provides relevant information of the quality of a liquidity portfolio and is aligned to the Liquidity Coverage Requirement definition.
Virgin Money supports the opportunity to provide qualitative information.
Virgin Money supports the improved transparency provided by more regular disclosure for larger and globally systemically important institutions.