Liquidity
On 5th October 2009 the FSA published a Policy Statement outlining reforms of the UK liquidity regime.
A Policy statement describes the new regime and gives full details.
The material we have provided on these Liquidity webpages is intended to help you understand what we expect in an outcomes-focused regulatory environment. For information about the status of Handbook guidance and supporting material, please refer to our statement on 'Giving guidance and the status of guidance'.
Events
A conference which took place on the 9th of October, outlined our proposals and provided an opportunity for affected parties to discuss the practicalities of the changed regime.
A half day briefing for foreign branches was held on 2nd November.
Details of our liquidity reporting workshops are available.
International
The FSA welcomes all opportunities to build international consensus on liquidity regulation and continues to work alongside the Bank of England within relevant bodies – the Committee of European Banking Supervisors and the Liquidity Working Group of the Basel Committee on Banking Supervision – that are engaged on the issues. The UK regime will be developed as appropriate as international rules are agreed.
Consultation
The FSA is fully committed to consulting with industry and other stakeholders. The Liquidity Advisory Group chaired by the FSA and comprising senior management of affected firms, HM Treasury, and the Bank of England has provided advice on the strategic aims and objectives. The Liquidity Policy Implementation Group provides technical guidance at a working level.
Further details
For further details on various aspects on the new regime please see: overview of the regime, modifications, and Information systems. You can also find the data items for liquidity reporting in the MER Data Reference Guide.
Liquidity related documents (including the latest FSA publications, standing group minutes and papers, and key external documents).
Contacts
If you are a journalist and would like to discuss any aspect of our work or would like to request an interview then please contact Heidi Ashley in our Press Office on 0207 066 3254.
If you are calling from a firm then please email liquidity.policy@fsa.gov.uk or if it relates to an IS issue please email liquidityimplementation@fsa.gov.uk

