Banks’ access to easily sellable assets aren’t up to snuff under new liquidity rules, reports Bloomberg.

Under the liquidity coverage ratio, which was part of the Basel reforms, banks are US$456 billion short. But they still have time to build their nest eggs – the rule doesn’t come into full force until 2019. Liquidity requirements are being phased in, says Bloomberg. As of Jan. 1, 2015, banks must have 60% of their total required liquidity.

Read: Invest in commercial property

The Basel Committee on Banking Supervision says if the new standard had been in effect at the end of 2013, a quarter of the more than 200 banks it surveyed would not have met their liquidity commitments.

Read more here.

Also read:

Primer on private equity

Avoid pitfalls of alternative strategies