Liquidity
The FSA is conducting a comprehensive review and restructuring of its liquidity regime and is taking part in various liquidity work streams both in Europe and globally. We are due to issue a Consultation Paper on proposed changes in the fourth quarter of 2008.
We have now published CP 08/22: Strengthening Liquidity Standards
FSA publications
May 2008 - FS08/3: Feedback on DP07/7
December 2007 - DP07/7: Review of the Liquidity requirements for banks and Building Societies.
October 2003 - DP24: Liquidity risk in the Integrated Prudential sourcebook: a quantitative framework
March 2002 - CP128: Liquidity risk in the Integrated Prudential sourcebook: Systems and Controls chapter
Key work streams
Systems and controls
Definition of liquid assets
Individual Liquidity Adequacy Standards (ILAS)
Cross-group management of liquidity
Standing Group Documents
Addressing Large Exposure concerns [PDF] - 24 July 2008
New liquidity reporting requirements [PDF] - 24 July 2008
Inherent Liquidity Risk (Business Models) [PDF] - 27 March 2008
Liquidity Risk Metrics [PDF] - 20 March 2008
Key external documents
Basel Committee Principles for sound liquidity risk management
Second part of CEBS's technical advice to the european commission on liquidity risk management
Institute for International Finance report on liquidity risk management
Banque De France financial stability report - special edition on liquidity
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 contact the relevant person from the team on the numbers below or email liquidity.policy@fsa.gov.uk.
- David Morgan (Manager) Tel: 0207 066 1136
- Guy Benn (Cross-group management of liquidity, ILAS) Tel: 0207 066 3166
- Elisabeth Bertalanffy-Fournier (Smaller firms, Reporting) Tel: 0207 066 2616
- James Mackenzie (Reporting, definition of liquid assets) Tel: 0207 066 3886
- Edwina Twum (Reporting) Tel: 0207 066 2790
