Bloomberg Expands HQLA Solution to Middle East as International Banks Increase Presence in Region

Bloomberg expands regulatory solution to Middle East - Asset Servicing Times

Basel III requires financial institutions to hold an adequate amount of unencumbered HQLA that can be converted easily and immediately into cash

Bloomberg extends HQLA solution to cover the Middle East

Bloomberg has expanded its High-Quality Liquid Assets (HQLA) solution to cover the Middle East, as a growing number of banks push to increase their presence in the region.  The introduction of the offering is set to allow financial institutions in the region to monitor liquidity requirements which align with the Central Bank of the United Arab Emirates (UAE) rulebook and the Qatar Central Bank’s prudential regulations and local rules.  The expan…

Bloomberg Expands HQLA Solution to Middle East as International Banks Increase Presence in Region

The HQLA solution helps monitor bank liquidity requirements under Basel III and now includes local rules for the United Arab Emirates (UAE) and Qatar