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We are pleased to offer comments on this consultation. Large building societies have confirmed they are able to report the PRA 110 on a daily basis in times of specific or market liquidity stress – but warn there could also be resource implications to such a move. We believe that weekly reporting remains the most appropriate frequency in times of liquidity stress for firms with assets between £5 billion and €30 billion.
Click here for the full response.
Andrea Jeffries
Policy Manager