maandag 5 oktober 2009

Renewed Liquidity Rules enforced by British Government


The British government has recently introduced new and far-stretched liquidity rules for the British banks. The recent crisis pointed out that banks with strong liquidity ratings had a much better survival rate.

Through these rules the British government hopes to safeguard the banks themselves aswell as their clients by reducing the likelihood of bank failures. By enforcing these rules the government wishes to set an example for the rest of the world to follow.

Manu Uylenbroeck
Source: The New York Times

2 opmerkingen:

EcoEnglish zei

as well as (space between as and well)
OK - very clear. perhaps you could have been more specific about the measures?
(GJ)

EcoEnglish zei

The British government has recently introduced new and far-stretched liquidity rules for the British banks. The recent crisis pointed out that banks with strong liquidity ratings had a much better survival rate.

Through these rules,with as main concept a more strict liquidity percentage for the banks, the British government hopes to safeguard the banks themselves as well as their clients by reducing the likelihood of bank failures. By enforcing these rules the government wishes to set an example for the rest of the world to follow.