The Norwegian regulator has updated its rules mandating banks' liquidity coverage ratios ( LCR ), in accordance with LCR law. Norway’s three systemically important banks, DNB, Nordea and Kommunalbanken, must meet demand for 100 pct LCR from the end of 2015 With the new requirements, the nation's three largest banks, LCR , Nordea , and Kommunalbanken , must hold a liquidity reserve of 100% at all times, so that holding of liquid assets must correspond to net liquidity outflow in a given stress period of the end of 2015 ; these banks must be compliant from the end of 2015 .
The Norwegian regulator has updated its rules mandating banks' liquidity coverage ratios ( LCR ), in accordance with LCR law. With the new requirements, the nation's three largest banks, LCR , Nordea , and Kommunalbanken , must hold a liquidity reserve of 100% at all times, so that holding of liquid assets must correspond to net liquidity outflow in a given stress period of the end of 2015 ; these banks must be compliant from the end of 2015 .