Updated 21/12/2024
In force

Version from: 09/07/2024
Amendments
There is currently no Level 2 legal act based on or specifying Article 428ai.
Search within this legal act

Article 428ai - Derogation for small and non-complex institutions

Article 428ai

By way of derogation from Chapters 3 and 4, small and non-complex institutions may choose, with the prior permission of their competent authority, to calculate the ratio between an institution's available stable funding as referred to in Chapter 6, and the institution's required stable funding as referred to in Chapter 7, expressed as a percentage.

A competent authority may require a small and non-complex institution to comply with the net stable funding requirement based on an institution's available stable funding as referred to in Chapter 3 and the required stable funding as referred to in Chapter 4 where it considers that the simplified methodology is not adequate to capture the funding risks of that institution.