Liquidity reporting workshops - consultants, IT specialists and software providers
'We appreciate that for some firms the exact scope, frequency and switch-on date of the reporting requirements is dependent on the outcome of a modification or waiver application. However, we expect that even those firms will have started preparations for liquidity reporting' Jon Pain, Financial Services Authority, Managing Director, Supervision.
We recently published new rules on liquidity which put further requirements on your firm – including providing us with additional data relating to your firm’s liquidity risk.
The table below shows the dates on which the new rules apply to firms:
| Type of Firm | Effective date |
|---|---|
Sterling Stock Banks Non-Simplified Building Societies |
1 June 2010 |
Mismatch Banks Simplified Building Societies |
1 October 2010 |
| Branches Full Scope BIPRU Investment Firms | 1 November 2010 |
We are offering a half-day workshop for consultants, IT specialists and software providers. The presentation format will use demonstrations of worked examples and case studies, to illustrate how to populate the new data items for a progression of products and business lines from the most simple to the most complex. Each workshop will have a maximum of 24 delegates. We will welcome participation by delegates and there will be ample time for questions.
Who should attend?
Workshops will be suitable and useful for:
- Those people involved in the provision of liquidity related advice and reporting services, especially software to regulated firms
The workshop will cover the following:
- Overview
- Liquidity data items
- Scope of application and the effect of modifications
- Overview of data items
- Importance of timely and accurate information
- Populating the data items - retail commercial banking balance sheet
- Memorandum items
- Loans and deposits
- Outright holdings of securities (excluding self-issued securities and whole loans)
- OTC downgrades triggers
Populating the data items -
- Derivatives and securitisations
- Ratings downgrades
- Reverse repo (stock lending and borrowing)
- Collateral swaps
- Connected SSPE securitisation ABS and ABCP
- Margined derivatives business
- Free client assets (cash or collateral)
- Margin collateral received
- All downgrade triggers
Location
Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS
- Booking form [PDF]
Date
Friday 19 February 2010
Fee
£425