Basel III implementation – update of liquidity standards / Feedback Statement - Liquidity Coverage Ratio (“LCR”)
With reference to the October 2024 roadmap for the implementation of the Basel III liquidity standards in the Isle of Man, in May 2025 the Authority issued a Discussion Paper (DP25-01) on proposals for implementation of an LCR requirement (including reporting forms and guidance). The consultation period ran for a 6-week period until 11 July 2025.
Responses to the consultation were received from all five banks incorporated in the Island. The Authority has now issued a Feedback Statement (FS25-01) setting out the summary of responses together with any changes and next steps.
Enquiries
Prudential Supervision Division:
Andrew Kermode Marc Barlow
Head of Division Senior Manager - Banking
T: +44 (0)1624 689320 T: +44 (0)1624 689369