The European Central Bank plans to substantially tighten how it monitors liquidity after several bank runs in the US and Switzerland heightened concerns about a risk that several regulators say hasn’t received sufficient attention.
The ECB proposes to ask lenders to report data on their liquidity reserves on a weekly basis, breaking out funding by maturity and type of client, people familiar with the matter said, asking not to be identified as the deliberations are private.
Read More : ECB to Demand Weekly Liquidity Data from Banks Amid Increasing Scrutiny