UK FSA Says Full Implementation of Liquidity Regime Dependent on Economy

The UK Financial Services Authority (FSA) has this week confirmed that it is on track to introduce the first half of its new liquidity reporting regime in the fourth quarter of this year. However, once the systems and controls part of the regulation has come into effect, the regulator has indicated that it may hold off on rolling out the second phase, which includes the specifications for financial institutions’ liquidity buffers, until the economy has recovered.



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