Canada’s big banks will have to start disclosing their liquidity coverage ratios (LCR) starting with the second quarter of 2015.

The Office of the Superintendent of Financial Institutions (OSFI) published its draft guideline for domestic systemically important banks (D-SIBs) Monday, which set out public disclosure requirements for banks reporting their liquidity positions.

Under the guideline, the big six banks that are all currently considered systemically-important banks by OSFI — Bank of Montreal, Bank of Nova Scotia, CIBS, National Bank of Canada, Royal Bank of Canada, and TD Bank — will have to report their LCR metrics on a quarterly basis starting next year.

The disclosure guideline published Monday follows OSFI’s move last week to issue its final guidelines establishing liquidity requirements for banks, including the introduction of the LCR which will take effect at the start of 2015.

Global banking regulators, the Basel Committee on Banking Supervision, issued final rules earlier this year that require internationally active banks to publicly disclose their LCRs. Those rules set out a common disclosure framework to ensure that this information is disclosed in standardized formats, which makes it easier for investors and others to assess a bank’s liquidity risk position across jurisdictions.

OSFI draft disclosure guideline is out for comment until June 27.