Art. 428ae · 55 % required stable funding factor

Version in force 28 June 2021, Inserted +472 −0§

Amended by Regulation (EU) 2019/2033 32019R2033 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2019/876 32019R0876 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2021/558 32021R0558 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2020/873 32020R0873 on EUR-Lex (external, EUR-Lex)

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This is a new article assigning a 55% required stable funding factor to unencumbered shares or units in CIUs that qualify for a 55% haircut under the delegated act referenced in Article 460(1), applying regardless of whether the operational and liquidity-buffer composition requirements in that delegated act are met.

Cited: Art. 428ae, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Article 428ae
55 % required stable funding factor
Unencumbered shares or units in CIUs that are eligible for a 55 % haircut for the calculation of the liquidity coverage ratio in accordance with the delegated act referred to in Article 460(1) shall be subject to a 55 % required stable funding factor, regardless of whether they comply with the operational requirements and with the requirements on the composition of the liquidity buffer as set out in that delegated act.