Foreign branches in US fear extension of liquidity rules

Democrat administration could revive plans to impose LCR, NSFR on branches and agencies

The US Federal Reserve

Foreign banks fear plans for standardised liquidity requirements for their US branches and agencies could be revived under Democrat leadership of federal banking agencies, after the Federal Reserve confirmed the divisive proposal – deferred in 2019 – remains on the table.

“It could cause more harm than good, and we prefer they don’t do it at all,” says Briget Polichene, chief executive of the Institute of International Bankers, which represents foreign banks in the US.

The idea of standardised

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here