International liquidity standards and banks' demand for central bank reserves

International liquidity standards and banks' demand for central bank reserves

Box extracted from chapter "Monetary policy operational frameworks – a new taxonomy"BIS Quarterly Review | 15 September 2025by Rebeca Anguren, Ulf Lewrick and Nikola TarashevInternational prudential standards that strengthen banks' liquidity management could in principle interact with the implementation of monetary policy by affecting the demand for reserves – the liquid asset par excellence.

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