"Too Little Too Late?" Question Liquidity Risk Experts
LONDON - Market participants have raised concerns regarding the delayed focus on data requirements for the Financial Services Authority's (FSA) liquidity risk regulation implementation in the UK, and the tight implementation deadline for the new directive, officials tell Inside Reference Data.
On January 13, the FSA issued a CEO letter titled FSA requirements on your firm's liquidity risk management. The letter stated the UK regulator gives financial institutions until February 12, 2010 to
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