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 428y.
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Article 428y - 20 % required stable funding factor

Article 428y

20 % required stable funding factor

Unencumbered shares or units in CIUs that are eligible for a 20 % 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 20 % 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.