as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what does the bcbs recommend for supervisory oversight of liquidity risks?
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the bcbs recommends that financial firms should disclose information about their liquidity risk management to enable informed judgments about their liquidity needs and that supervisors assess the effectiveness of firms' liquidity risk management strategies and the adequacy of their liquidity positions.
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