Peer reviews provide another important benchmark for our performance: an independent assessment of five recent external peer reviews of the Central Bank’s regulatory functions is available on our website and recognises the Central Bank’s consistent adherence to the highest international standards over the last several years. 4  BIS central bankers’ speeches
But in part it is because under the LCR, some transactional and operational deposits are subject to lower run-off rates than deposits that are largely attracted by higher interest rates. Indeed, there has been some indication that banks have been transitioning depositors into deposit products treated more favourably under the LCR. But banks are not limited to just changing their deposit offerings.