Arxo Findings Register · Arxo Law

ARXO-2026-0379 · Reported

Basel Framework: LCR31.29

LCR31.29 points to LCR31.7-31.10 as the jurisdiction's information base, but those paragraphs are bank-to-supervisor usage rules; the shortfall information sits in LCR31.24-31.28.

Consequence

Position: Jurisdiction preparing its LCR31.20(1)(b) factor submission Reading a: Follow reference literally: take LCR31.7-31.10 as the prior information base: nothing from the jurisdiction is found there, so the base is empty Reading b: Take LCR31.24-31.28 as the base: HQLA supply/demand data and shortfall method Difference: Different base for the factor commentary; no numeric effect

Proposed correction

Clarify or correct the cited passage so that the rule and its references give one result for the stated case.

Issued by
Basel Committee on Banking Supervision
Act
Basel Framework LCR31 (in force 2019-12-15, published 2019-12-15)
Place
LCR31.29
Record
Discrepancy
Class
Text of the act
Where it arose
The text of the act
Arxo's conclusion
Confirmed
Official text
Unchanged at last check
Last checked
2026-10-31

Evidence

Contradiction within the text. Quotations are verbatim from the official material; translations are ours and marked.

LCR31.20(1)(b) builds on the information provided by the jurisdiction in LCR31.7 to LCR31.10
Normative text · Basel Framework LCR31 (in force 2019-12-15, published 2019-12-15) · LCR31.29 · Published 2019-12-15 · retrieved 2026-10-31 · SHA-256 447a06db3ab76e0b38b46a99134d70e1d6d13048fe14083278f22e0ae91b076f · copy
A bank must keep its supervisor informed of its usage of the options so as to enable the supervisor to manage the aggregate usage
Normative text · Basel Framework LCR31 (in force 2019-12-15, published 2019-12-15) · LCR31.29 · Published 2019-12-15 · retrieved 2026-10-31 · SHA-256 447a06db3ab76e0b38b46a99134d70e1d6d13048fe14083278f22e0ae91b076f · copy

How to check it without Arxo's tools

  1. Open Basel Framework LCR31 (in force 2019-12-15, published 2019-12-15) and find LCR31.29. Compare the text with the quotation above. A copy is kept in this register: 447a06db3ab76e0b-LCR31@2019-12-15~2019-12-15.txt (SHA-256 447a06db3ab76e0b38b46a99134d70e1d6d13048fe14083278f22e0ae91b076f, copy of the official file).
  2. The finding holds if the quoted passages read as shown and the comparison gives the result stated at the top of this page. If it does not, write to us with the record ID.

How this finding was made

AI models read the texts, built the examples and reviewed the findings.

Responsible institutions

Reported to

DateInstitutionChannelReference
2026-10-31Basel Committee on Banking Supervisione-mailhttps://mail.google.com/mail/u/0/#sent/KtbxLthRTjRNkqRtWGvxMWmXhVdckfWkGV

Responses

No response recorded.

History

  1. 2026-10-31Confirmed by Arxo
  2. 2026-10-31Entered in the register
  3. 2026-10-31Reported to Basel Committee on Banking Supervision (e-mail)

Cite this record

Arxo Law, Arxo Findings Register, ARXO-2026-0379, https://arxo.io/findings/ARXO-2026-0379/ (status as of 2026-10-31). Data: ARXO-2026-0379.json.