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Liquidity standards for UK Islamic banks

Posted on 12 October 2009

From Arabnews.com: The UK banking regulator, the Financial Services Authority (FSA), published its long-awaited policy statement on “strengthening liquidity standards” for authorized financial institutions in the UK on Oct. 4.

The provisions stress that the FSA takes a “no obstacles, no special favors” approach to regulating Islamic banks in the UK………………….Full Article: Source

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