Liquidity; Beware of regulators bearing modifications...
| Date : | This event took place on 18th February 2010 |
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Like most things in life, things aren’t always quite as they seem... and the FSA’s liquidity rules are no exception.
Waiver or modification? Are they the same thing? Can you apply? How do you apply? Are you a head office or a UK branch? Are you eligible? What does it mean if you are? What are the consequences if you apply and get rejected?
All these questions were answered during the event along with:
- What are the differences between modifications and waivers?
- Should you apply for a modification?
- Are you eligible for a modification?
- How does the regulator decide if you are eligible for a modification or not?
- What does it mean to YOU if you get a modification or not?
- What are the consequences to your head office if you don’t get a modification?
- What residual work is involved in ensuring the right infrastructure to meet the reporting obligations required?
- How are YOU going to meet the regulatory demands with or without a modification?

