Simply extending the LCR to one-year – that is, requiring firms to hold enough liquidity to survive a one-year funding market freeze – seemed the kind of excessive self-insurance that would lead to undesirably reduced maturity transformation and financial intermediation. So a different set of standards needed to be developed, which themselves occasioned considerable discussion about the effects and incentives they would create.
The colours of the new logo are colours contained in the flag of Kosovo, the flag of the European Union and the logo of the European Central Bank.