Updated 20/11/2024
In force

Version from: 09/07/2024
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There is currently no Level 2 legal act based on or specifying Article 428am.
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Article 428am - 50 % available stable funding factor

Article 428am

50 % available stable funding factor

The following liabilities and capital items or instruments shall be subject to a 50 % available stable funding factor:

(a) 

deposits received that fulfil the criteria for operational deposits set out in the delegated act referred to in Article 460(1);

(b) 

liabilities and capital items or instruments with a residual maturity of less than one year provided by:

(i) 

the central government of a Member State or of a third country;

(ii) 

regional governments or local authorities in a Member State or in a third country;

(iii) 

public sector entities of a Member State or of a third country;

(iv) 

multilateral development banks referred to in Article 117(2) and international organisations referred to in Article 118;

(v) 

non-financial corporate customers;

(vi) 

credit unions authorised by a competent authority, personal investment companies and clients that are deposit brokers, with the exception of deposits received, that fulfil the criteria for operational deposits as set out in the delegated act referred to in Article 460(1).