{"data":{"id":"us/12-cfr-249.10","jurisdiction":"us","citation":"12 CFR 249.10","heading":"Liquidity coverage ratio.","body":"(a) Minimum liquidity coverage ratio requirement. Subject to the transition provisions in subpart F of this part, a Board-regulated institution must calculate and maintain a liquidity coverage ratio that is equal to or greater than 1.0 on each business day (or, in the case of a Category IV Board-regulated institution, on the last business day of the applicable month) in accordance with this part. A Board-regulated institution must calculate its liquidity coverage ratio as of the same time on each calculation date (the elected calculation time). The Board-regulated institution must select this time by written notice to the Board prior to December 31, 2019. The Board-regulated institution may not thereafter change its elected calculation time without prior written approval from the Board.\n(b) Transition from monthly calculation to daily calculation. A Board-regulated institution that was a Category IV Board-regulated institution immediately prior to moving to a different category must begin calculating and maintaining a liquidity coverage ratio each business day beginning on the first day of the fifth quarter after becoming a Category I Board-regulated institution, Category II Board-regulated institution, or Category III Board-regulated institution.\n(c) Calculation of the liquidity coverage ratio. A Board-regulated institution's liquidity coverage ratio equals:\n(1) The Board-regulated institution's HQLA amount as of the calculation date, calculated under subpart C of this part; divided by\n(2) The Board-regulated institution's total net cash outflow amount as of the calculation date, calculated under subpart D of this part.","path":["Title 12—Banks and Banking","CHAPTER II—FEDERAL RESERVE SYSTEM","SUBCHAPTER A—BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM","PART 249—LIQUIDITY RISK MEASUREMENT, STANDARDS, AND MONITORING (REGULATION WW)","Subpart B—Liquidity Coverage Ratio"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"960da9df37eed1888a9a356441b9d57a05fc1d66ab527e87eabbe0cb4949d280","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-249.4","next":"us/12-cfr-249.20"},"notice":"GroundRules: Original legal text. Not legal advice."}