Asian banks warned to be wary of liquidity stresses

Asian banks were warned not to be too lax in their approach to liquidity requirements, such as those being introduced post-crisis by the Financial Services Authority (FSA) in the UK and expected to be rolled out by the Basel Committee on Banking Supervision later this year. Financial institutions in the region have ridden out the financial crisis better than most of their peers in Europe and the US, and some risk managers are challenging why they should have to follow new rules developed to s