Rasheed Mohammed Al-Maraj: Luxembourg – a global financial services centre Keynote address by HE Rasheed Mohammed Al-Maraj, Governor of the Central Bank of Bahrain, at a seminar “Luxembourg – a global financial services centre”, Manama, 11 January 2010.
The Basel Committee will issue for comment early next year a new minimum liquidity standard directed at ensuring global banks hold sufficient high-quality liquid assets to withstand a stressed funding scenario specified by supervisors. This too will be subject to an impact assessment.