The Isle of Man Financial Services Authority has issued a feedback statement (FS25-01) on its proposals to implement a Liquidity Coverage Ratio (LCR) requirement as part of the Island’s Basel III liquidity standards. The statement summarises consultation responses and sets out any changes to the proposals and the Authority’s next steps. The feedback follows a May 2025 discussion paper (DP25-01) that consulted on the introduction of an LCR requirement, including related reporting forms and guidance. The six-week consultation closed on 11 July 2025 and drew responses from all five banks incorporated in the Isle of Man. FS25-01 also links the LCR work back to the Authority’s October 2024 roadmap for implementing Basel III liquidity standards in the Isle of Man.
Isle of Man Financial Services Authority 2025-09-02
Isle of Man Financial Services Authority publishes Liquidity Coverage Ratio implementation feedback statement under Basel III liquidity standards
The Isle of Man Financial Services Authority released a feedback statement (FS25-01) on implementing a Liquidity Coverage Ratio (LCR) requirement under Basel III liquidity standards. The statement reviews consultation responses from all five Isle of Man-incorporated banks and outlines changes and next steps. This follows a May 2025 discussion paper and ties into the Authority's October 2024 Basel III roadmap.