Bank for International Settlements, June 22, 2015: “Disclosure requirements for the Net Stable Funding Ratio (“NSFR”) have been developed to improve the transparency of regulatory funding requirements, reinforce the Principles for sound liquidity risk management and supervision, strengthen market discipline, and reduce uncertainty in the markets as the NSFR standard is implemented. Similar to the LCR disclosure framework, and to promote the consistency and usability of disclosures related to the NSFR, internationally active banks in all Basel Committee member jurisdictions will be required to publish their NSFRs according to a common template. This NSFR disclosure template includes the major categories of sources and uses of stable funding. In parallel with the implementation of the NSFR standard, supervisors will give effect to these disclosure requirements, and banks will be required to comply with them from the date of the first reporting period after 1 January 2018.”