Thursday, December 20, 2007

You heard it in the Guardian first, Times and Telegraph are no help these days, go figure

New liquidity rules could force up mortgage rates

In a discussion paper published yesterday, the FSA said it was planning to develop new reporting requirements over the next year. Banks and building societies will be required to provide a monthly analysis of their cash flow position. The FSA also intends to put banks and building societies on the same footing, ending more lenient rules for building societies.

Posted by darren @ 01:27 PM (516 views)
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