The U.K.'s Financial Services Authority published Monday its finalized liquidity rules for banks, building societies and some asset managers, which are designed to make sure they maintain buffers of assets that they can easily sell to meet future payment obligations.

The new rules, which were proposed in December 2008, are expected to increase the safety of the U.K. banking system, but will hit banks' profits by requiring them to hold a pool of high-quality government bonds rather than using the cash to invest in riskier, but higher-yielding assets.

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