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Technical amendments are defined as changes to standards that are not substantial in nature but that cannot be unambiguously resolved based on the current text. The expectation is that technical amendments will be published for public comment for 45 calendar days. Technical amendments differ from responses to frequently asked questions (FAQs), which clarify the intention and interpretation of the standards but do not require any change to the standards and are therefore published without public consultation. The Committee will continue to publish responses to FAQs in the future.
To provide greater flexibility in the treatment of extraordinary central bank liquidity-absorbing monetary policy operations, the technical amendment proposes to allow reduced required stable funding factors for central bank claims with maturity of more than six months.
The Committee invites comments on the proposed amendment by 5 February 2018.