Financial Regulatory Forum

COLUMN – FSA timing on liquidity rules critical: Peter Thal Larsen

– Peter Thal Larsen is a Reuters columnist. The views expressed are his own –

By Peter Thal Larsen
LONDON, Oct 6 (Reuters) – The UK’s Financial Services Authority has come up with a sensible set of rules to shore up banks’ liquidity buffers. But the real test will be managing the transition. Banks know they will have to buy tens of billions of pounds of government bonds, but the regulator is being deliberately vague about when. There are substantial risks if the FSA gets its timing wrong.

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ANALYSIS-New rules point to demand surge for Aussie bonds

A dust storm blankets Sydney's iconic Opera House at sunrise September 23, 2009. A huge outback dust storm swept eastern Australia and blanketed Sydney on Wednesday, disrupting transport, forcing people indoors and stripping thousands of tonnes of valuable farmland topsoil.      REUTERS/Tim Wimborne   (AUSTRALIA ENVIRONMENT IMAGES OF THE DAY)    By Cecile Lefort
   SYDNEY, Sept 25 (Reuters) – Proposed regulations would make Australian banks big buyers of government debt, adding fuel to what is already the biggest rally in 10-year bonds in developed countries in recent months. (more…)

China to consider interest tax on traded govt bonds

china-finance-ministry    SHANGHAI, Aug 28 (Reuters) – The Chinese finance ministry will consider taxing interest income on traded government bonds, serveral sources close to the matter told Reuters.
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