There were several changes to Basel liquidity coverage rules that were announced yesterday.
The New York Times highlights two of them. The first change is that banks will have until January 1, 2019 to meet the liquidity coverage ratio (from the original date of January 1, 2015) when the rule will take full effect. The second change is a loosening of the definition of liquid assets, allowing banks to use securities backed by mortgages to meet a portion of the requirement.
Details on the package of four amendments from the Basel Committee can be found here.