The introduction of new global liquidity risk management reporting requirements could result in potentially negative unintended consequences such as making it too expensive to lend, according to a group of 150 financial institutions. The comments have been prompted by the publication of the Basel Committee on Banking Supervision (BCBS) recommendations on liquidity risk at the end of last year and the related consultation period, which is due to end this week. A number of global financial institutions have taken the opportunity to provide their feedback on the proposals and indicated that they believe them to be based on incorrect assumptions and potentially very costly for the industry as a whole.

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