Global banking regulators are proposing disclosure standards for the new liquidity requirements that were proposed earlier this year.

The Basel Committee on Banking Supervision Friday issued proposed disclosure requirements for banks’ liquidity coverage ratios.

The committee says that the standards aim to balance the benefits of promoting market discipline through disclosure against the possible negative consequences of disclosing liquidity positions under certain circumstances, such as when banks are facing periods of stress.

“Public disclosure improves transparency, reduces uncertainty in the markets and strengthens market discipline,” the committee says.

It also maintains that it is important that banks adopt a common disclosure framework to help the market consistently assess the liquidity risk position of banks.

Therefore, to ensure the consistency and comparability of liquidity disclosures, the Basel Committee has agreed that internationally active banks will be required to publish their ratios using a common template.

Comments on the proposals are due by October 14.