World banking regulator amends liquidity rules
英语课
GENEVA, Jan. 6 (Xinhua) -- The Basel Committee on Banking 1 Supervision 2 on Sunday amended 3 the Liquidity 4 Coverage 5 Ratio (LCR) proposed two years ago to help banks survive difficult times.
The changes to the definition of the LCR, a key component 6 of the Basel III framework, include an expansion in the range of assets eligible 7 as high quality liquid assets and some refinements 8 to the assumed inflow and outflow rates to better reflect actual experience in times of stress, the body said in a statement.
"For the first time in regulatory history, we have a truly global minimum standard for bank liquidity," said Mervyn King, Chairman of the Basel committee's oversight 9 body and Governor of the Bank of England.
The LCR will be introduced as planned on 1 January 2015, but the minimum requirement will begin at 60 percent, rising in equal annual steps of 10 percentage points to reach 100 percent on 1 January 2019, according to the statement.
"Introducing a phased timetable for the introduction of the LCR, and reaffirming that a bank's stock of liquid assets are usable in times of stress, will ensure that the new liquidity standard will in no way hinder the ability of the global banking system to finance a recovery," King said.
n.银行业，银行学，金融业
- John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
- He possesses an extensive knowledge of banking.他具有广博的银行业务知识。
n.监督，管理
- The work was done under my supervision.这项工作是在我的监督之下完成的。
- The old man's will was executed under the personal supervision of the lawyer.老人的遗嘱是在律师的亲自监督下执行的。
n.流动性，偿债能力，流动资产
- The bank has progressively increased its liquidity.银行逐渐地增加其流动资产。
- The demand for and the supply of credit is closely linked to changes in liquidity.信用的供求和流动资金的变化有密切关系。
n.报导，保险范围，保险额，范围，覆盖
- There's little coverage of foreign news in the newspaper.报纸上几乎没有国外新闻报道。
- This is an insurance policy with extensive coverage.这是一项承保范围广泛的保险。
n.组成部分，成分，元件；adj.组成的，合成的
- Each component is carefully checked before assembly.每个零件在装配前都经过仔细检查。
- Blade and handle are the component parts of a knife.刀身和刀柄是一把刀的组成部分。
adj.有条件被选中的；(尤指婚姻等)合适(意)的
- He is an eligible young man.他是一个合格的年轻人。
- Helen married an eligible bachelor.海伦嫁给了一个中意的单身汉。
n.（生活）风雅；精炼( refinement的名词复数 )；改良品；细微的改良；优雅或高贵的动作
- The new model has electric windows and other refinements. 新型号有电动窗和其他改良装置。 来自《简明英汉词典》
- It is possible to add a few useful refinements to the basic system. 对基本系统进行一些有益的改良是可能的。 来自《简明英汉词典》
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regulator