Tag Archive: extend
FSA to extend disclosure of “short” positions in banks
The Financial Services Authority (FSA) is proposing to extend current requirements for traders to disclose short positions in the stocks of certain UK financial companies. A ban on short selling of stocks in 32 financial institutions was introduced by the … Read more
Lenders argue for extension of Special Liquidity Scheme
The SLS has provided regular injections of cash and an agreement whereby banks are able to use a range of assets as security, including securitised bonds backed by mortgages, and credit card debt. However, Libor (the rate at which banks … Read more