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New GABRIEL return - FSA055

Tuesday 21st December 2010

All firms will have to submit an FSA055 Systems & Controls Questionnaire (Liquidity risk management) for the calendar year ending 31 December 2010 by 24 January 2011.

The form asks a number of yes/no questions on how a firm is complying with the Liquidity rules in BIPRU 12.3 and 12.4 which came into force on 1 January 2010. We will be assisting our clients complete this form as required.