Financial Stability Review
Regulatory Structure Articles
2000
2005 2004 2003 2002 2001 2000 1999 1998 1997
Banking
System Liquidity: Developments and Issues
(393k)
(Issue 9, December 2000)
This article reviews developments in the UK in recent years in the light of a series of official initiatives - gilt repo, real-time gross settlement, new regulatory requirements - that have changed the environment in which banks manage their liquidity, and shows that the composition of banks' liquid assets has changed significantly. For the future, emerging issues include the use of scenario analysis to assess liquidity needs in stressed markets; how to measure and manage contingent cashflows; and the increasing need to manage liquidity and collateral needs intraday in modern payment and settlement systems.
Fair
Value Accounting - an Industry View
(112k)
(Issue 9, December 2000)
In the June 2000 edition of Financial Stability Review, Patricia Jackson and David Lodge set out their views on fair value accounting. The banking industry was pleased to see this article suggest that there may be advantage in exploring fair value disclosure before contemplating a change in the way in which the primary financial statements themselves are prepared. It welcomes the opportunity to provide an industry view on the issues raised.
G10
Seminar on Systems for Assessing Banking System Risk
(47k)
(Issue 8, June 2000)
Fair
Value Accounting, Capital Standards, Expected Loss Provisioning
, and Financial Stability
(224k)
(Issue 8, June 2000)
In the June 2000 edition of Financial Stability Review, Patricia Jackson and David Lodge set out their views on fair value accounting. The banking industry was pleased to see this article suggest that there may be advantage in exploring fair value disclosure before contemplating a change in the way in which the primary financial statements themselves are prepared. It welcomes the opportunity to provide an industry view on the issues raised.
Key Resources
| Memorandum of Understanding between HM Treasury,
the Bank of England and the Financial Services Authority
Download PDF (50k) |
