Quantitative liquidity requirements proposed. The US federal banking agencies published a proposed rule that would implement a quantitative liquidity requirement consistent with the liquidity coverage ratio established by the Basel Committee on Banking Supervision. The proposal would apply to internationally active banking organizations -- generally bank holding companies, certain savings and loan holding companies, and depository institutions with more than US$250 billion in total assets or more than US$10 billion in on-balance sheet foreign exposure -- and to their consolidated subsidiaries that are depository institutions with US$10 billion or more in total consolidated assets. The proposed rule would also apply to companies designated for supervision by the Board by the Financial Stability Oversight Council that do not have significant insurance operations and to their consolidated subsidiaries that are depository institutions with US$10 billion or more in total consolidated assets. The Federal Reserve Board is also proposing a modified liquidity coverage ratio standard that is based on a 21-calendar day stress scenario rather than a 30 calendar-day stress scenario for bank holding companies and savings and loan holding companies without significant insurance or commercial operations that, in each case, have US$50 billion or more in total consolidated assets. Comments should be submitted by January 31, 2014. (11/29/2013).