Art. 428c · Calculation of the net stable funding ratio

Version in force 28 June 2021, Inserted +843 −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)

Applies from: not readable (an inserted provision states its own application date only in prose) why

Not in every listWhat this means

Found in the text, but not every source lists it — the text comparison found this change; the EU's own amendment metadata does not list it. The source that does not name it is the EU's own amendment metadata. Both are shown; neither is overruled.

Explanation, written by a model and checked against the cited text

This is a new provision setting out how institutions calculate the net stable funding ratio, requiring assets, liabilities and off-balance-sheet items to be taken into account on a gross basis unless otherwise specified.

It further specifies that institutions apply stable funding factors from Chapters 3 and 4 to the accounting value of those items, that required and available stable funding are not to be double counted, and that an item eligible for more than one required stable funding category is allocated to the category producing the greatest contractual required stable funding.

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

v1 is the previous version, v2 this one.

Article 428c
Calculation of the net stable funding ratio
1. Unless otherwise specified in this Title, institutions shall take into account assets, liabilities and off-balance-sheet items on a gross basis.
2. For the purpose of calculating their net stable funding ratio, institutions shall apply the appropriate stable funding factors set out in Chapters 3 and 4 to the accounting value of their assets, liabilities and off-balance-sheet items, unless otherwise specified in this Title.
3. Institutions shall not double count required stable funding and available stable funding.
Unless otherwise specified in this Title, where an item can be allocated to more than one required stable funding category, it shall be allocated to the required stable funding category that produces the greatest contractual required stable funding for that item.