Source: Central Bank of Iceland
Rules no. 1399/2020 amending the Rules on Credit Institutions’ Liquidity Ratios, no. 266/2017, with subsequent amendments, were published today in the Law and Ministerial Gazette [Stjórnartíðindi]. With this amendment, the grace period previously granted to credit institutions to adapt to the required minimum liquidity ratio in Icelandic krónur has been lengthened by one year.