CFO reported that finance organizations and credit-rating agencies have responded positively to the news that the Basel III liquidity rules will not be as strict as bankers had feared and that there will be a longer run-in time to comply. The article noted that experts don’t believe the changes, which are greater than had been expected, will result in greater counterparty risk for companies that regularly monitor their banks’ financial health.

CFO noted that revisions in the Basel Committee’s plans will allow banks to broaden the range of assets that can count as liquidity, so that now investment-grade corporate bonds and some mortgage-backed securities may be included.

To read the full CFO article, click here.