Market risk, counterparty credit risk and securitisation risk rules have also been revised to ensure that risks are adequately captured. To limit model risk and the build-up of excessive leverage on and off the balance sheet, a non-risk based measure – the leverage ratio – has been introduced.
On the liquidity framework, two key ratios have been put in place to enhance liquidity buffers in short and longer-term horizons, with the aim of reducing funding vulnerabilities and increase overall resilience to liquidity drains.