UK Financial Services Authority Adopts Enhanced Liquidity Standards — A First Test Of Global Coordination?

13 October 2009
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The U.K. Financial Services Authority took the lead among world financial services regulators by finalizing the first enhanced liquidity standards.  These liquidity standards will apply to many U.K. financial services firms, and branches of non-U.K. firms operating in the U.K., but also may provide a blueprint for the global, coordinated liquidity standards recently demanded by the G-20 Leaders.