Brussels, 02/09/2013 (Agence Europe) - The European Commission is planning to make shadow banks have a liquidity buffer and to ban them from requesting credit ratings from external agencies (see EUROPE 10905).
The Commission is planning to introduce compulsory liquidity buffers of at least 3% of the net assets of shadow banks, according to plans leaked to Agefi (which are still subject to change before their official publication on Wednesday). They take account of shadow banking's...