Newsletter September 09: Bankers still hope to ease new UK liquidity regulations

Bankers still hope to ease new UK liquidity regulations Bankers worry that Britain is moving ahead too fast with its new liquidity regime. Rules will be more restrictive than in rest of EU After weeks of intense lobbying, bankers in London are more hopeful that Britain’s regulators may now be prepared to make some changes to the stringent new bank liquidity regime before final rules are published, probably at the end of September or beginning of October. But discussions over the controversial proposals are being complicated by differences between the Financial Services Authority (FSA), the country’s financial regulator, and the Bank of England, according to those involved.