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Financial Stability: Managing Liquidity Risk in a Global System - speech by Andrew Large
Speaking at the Fourteenth Central Banking conference this morning, Sir Andrew Large put the case for central banks and regulators in all jurisdictions to review the appropriateness of current liquidity standards.
Published on
28 November 2005
He saw today's relatively benign environment as a time to reflect on such issues, which were increasingly important given the increasingly global nature of financial firms and their activities and with liquidity cushions as the first line of defence in the event that periods of stress arise.
Press release