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The FSA consults on a proposal that financial institutions in receipt of liquidity support from a central bank will have a legitimate interest in delaying the public disclosure of such support.
The FSA proposals make clear that a financial institution in receipt of liquidity support from a central bank may have a legitimate interest in delaying the disclosure of such support. The delay would be justified on the grounds that immediate disclosure could, by leading to a loss of confidence among consumers, exacerbate the existing liquidity problems and cause a threat to the solvency of the financial institution.
Deadline for consultation is