Liquidity management debate: Learn more about the panelists
| EXECUTIVE SUMMARY
• They also imply greater need for information about characteristics of customers’ businesses
• Trapped cash presents big challenges to banks and corporates – local knowledge is crucial to finding solutions
• In a low interest-rate environment it is sensible to analyse whether or not sweeping cash cross-border is worthwhile
• Liquidity structures are becoming smaller and more regionalized – ‘big is beautiful’ is out of fashion
• Despite its relatively limited geographical coverage, Sepa is a big step forward
• Cashflow forecasting is a crucial element of liquidity management
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Jack Large, chair What are the most important changes taking place regarding liquidity?
SC, Barclays The best place to start is the UK where the Financial Services Authority has moved ahead on regulations regarding liquidity and banks, whereas other regulators are still deciding what to do. The FSA introduced qualitative rules on December 1 2009 with over 100 new rules and evidential requirements that every bank, building society and investment firm operating in the UK must abide by.