February 4, 2012
FSA outlines draft guidance on liquidity swap transactions – Risk.net
FSA outlines draft guidance on liquidity swap transactions
This (I think) will have direct relevance to the idea of collateral transformation, covered here previously. It will put in place a monitoring regime when a buy-side fund or pension fund pledge illiquid assets in return for more liquid assets.
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via FSA outlines draft guidance on liquidity swap transactions – Risk.net.