The Basel Committee on Banking Supervision adopted a WOCCU recommended change to the treatment of extraordinary monetary policy operations in teh Net Stable Funding Ratio (NFSR).The amendment to the NSFR allows reduced required stable funding factors for central bank claims with a maturity of more than six monghts, subject to a floor of 5%.  The amendment will provide greater flexibility in the treatment of extraordinary central bank liquidity absorbing monetary policy operations. 

WOCCU urged the adoption of this amendment in its comment letter to the Basel Committee. 

A copy of the technical amendment can be viewed here, and WOCCU's comment letter can be viewed here.