Industry response

Our response to the FSA's consultation on removing the simplified ILAS firm scalar increase

We welcome the proposal to bring simplified ILAS firms in line with standard ILAS firms by requiring them to hold a liquid assets buffer of not less than 50% of the simplified buffer requirement. This means an end to the automatic increases to 100% by 2016 as set out in the transitional provisions. Click below to read our response:

Our response to FSA consultation on removing the simplified ILAS firm automatic scalar increase

FSA consultation on simplified ILAS automatic scalar increase CP 12/ 31

BSA policy brief on liquidity for simplified ILAS firms (members and associates only)