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EC Liquidity Rules Force Firms To Hold More Assets March 02, 2010


-- Daniel O’Leary
European bank’s injecting liquidity into their distressed sponsored deals via liquidity facilities could be forced to hold the same amount of highly liquid assets on balance sheets. The change has been outlined in the latest proposed update to the Capital Requirements Directive, according to Kai Spitzer, policy coordinator at the European Commission. Spitzer told delegates at an Information Management Network and Association for Financial Markets ...

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