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Top banks air views on FSA liquidity proposals

Some of the world’s biggest banks are among dozens of respondents that have so far replied to the UK financial services regulator's discussion paper late last year on plans for potential reforms to liquidity regulation in the wake of the problems at UK mortgage lender Northern Rock.

The Financial Services Authority, which in December published a discussion paper on a review of the liquidity requirements for banks and building societies, today issued an industry feedback report in which it revealed it has received 36 written responses.

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