News Details

14 Oct, 2010

Liquidty: ILAS and non ILAS; which one are you?

The FSA has published a consultative paper on BIPRU 12 liquidty regime. 

 A full copy of the guidance may be found at 

 Full ILAS 

  • Banks 
  • Building societies 
  • Full scope investment firms not meeting the criteria below


  • Limited license Limited activity firms 
  • Full scope investment firms with a balance sheet less than or equal to £50m (calculated as total assets less called up share capital, minority interest and reserves OR the sum of cells 20A&20B minus the total sum of cells 42,43,& 44 in data item FSA001).

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