The liquidity coverage ratio (LCR) and net stable funding ratio (NSFR) proposed by the Bank for International Settlements are scheduled to take effect in
A) 2011 for LCR and 2014 for NSFR.
B) 2012 for both LCR and NSFR.
C) 2015 for LCR and 2018 for NSFR.
D) 2013 for LCR and 2016 for NSFR.
E) 2014 for both LCR and NSFR.
Correct Answer:
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