9. Conclusion
9.1 Ideas for further research
Looking ahead, it would be interesting to see how the Federal Reserve Board chooses to amend the NSFR proposal for its final implementation in the US. Until then, any attempt at calculating the NSFR will merely be a rough estimation at best, based on the current proposal, which has received wide-spread criticism from market actors.
Complying with the liquidity regulations have also caused dynamic changes in the markets. It would be interesting to look into how the market for lower risk assets has developed vis-à-vis riskier markets and which impact this has on banks that are faced with the imminent need for lower risk assets to increase their LCR.
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