FSA Guidance Consultation 11/18: Liquidity Swaps1
18/10/2011

The Association for Financial Markets in Europe (“AFME”) and the British Bankers’ Association (“the BBA”) thank the Financial Service Authority (“FSA”) for the opportunity to comment on its Guidance Consultation 11/18 titled “Liquidity swaps”.

The primary focus of the Guidance Consultation is on bank‐insurance company liquidity swap transactions. As you know, AFME and the BBA represent their members, which primarily include the major investment and retail banks. Therefore, our comments in this letter represent the views of the banking industry. AFME, the BBA and its members are keen to be a part of any future ongoing dialogue in relation to this issue.

Please read our full response and covering letter via the links below.