ALMM – Additional Liquidity Monitoring Metrics

ALMM – timing of new introduction

6 new reports that contain over 15,000 data points. Under taxonomy 2.3 these contain very limited validations and can be therefore seen as work in progress.

Four categories of reporting are:

• A contractual maturity analysis (c66)
• The concentration of funding by counterparty and product (c67 & C68)
• Volumes, spreads and roll-overs of funding in the past month (c69 & c70)
• The concentration of counterbalancing capacity (c71)

Current timescale is that the ALMM will be introduced from 1 July 2015 but this is subject to approval by the European Commission and at the current time this approval has not been given. There is therefore wide expectation of a delay and a revised timetable.

Even with this earliest adoption, most UK firms will be exempt from monthly submissions (Chapter 7B, Article 16b of Regulation (EU) No 680/2014). For those firms (total assets less than EUR 30bn), reporting would not commence until the next quarterly (q3) September reference with reporting in November 2015

For a detailed specification or further information, please contact j.haston@almis.co.uk