ECB to Demand Weekly Liquidity Data from Banks Amid Increasing Scrutiny

ECB to Demand Weekly Liquidity Data from Banks Amid Increasing Scrutiny
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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.

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