FSA urged to take direct action against liquidity swap ‘malpractice’

The Financial Services Authority's (FSA) proposals for new regulations on liquidity swap transactions remain unclear and would fail to limit risk within the financial markets, according to the British Bankers' Association (BBA).

The association has called on the UK regulator to take a more focused approach that targets those responsible of 'malpractice'.

The FSA is consulting on proposals that insurers would need to notify the authority before executing liquidity swap transactions and that firms

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here