Norway’s three systemically important banks, DNB, Nordea and Kommunalbanken, must meet demand for 100 pct LCR from the end of 2015 The Norwegian regulator has updated its rules mandating banks' liquidity coverage ratios (LCR), in accordance with EU law. In a statement on Wednesday, the European Commission said it was "concerned" about Norway's decision to increase LCR requirements for banks from €100 million ($125 million) to €200 million.
The Norwegian regulator has updated its rules mandating banks' liquidity coverage ratios (LCR), in accordance with EU law. In a statement on Wednesday, the European Commission said it was "concerned" about Norway's decision to increase LCR requirements for banks from €100 million ($125 million) to €200 million.