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Commission Delegated Regulation (EU) 2015/61 of 10 October 2014 to supplement Regulation (EU) No 575/2013 of the European Parliament and the Council with regard to liquidity coverage requirement for Credit Institutions (Text with EEA relevance) (revoked)

EU Regulation 2015/61 · Adopted 10 October 2014 · Extends to United Kingdom

Original text. legislation.gov.uk does not revise this item, so later amendments are not shown here. Changes made to it are listed under each provision when known.

Commission Delegated Regulation (EU) 2015/61

of 10 October 2014

to supplement Regulation (EU) No 575/2013 of the European Parliament and the Council with regard to liquidity coverage requirement for Credit Institutions

(Text with EEA relevance) (revoked)

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Annotations to the whole text

Textual amendments

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Regulation revoked (1.1.2022) by The Capital Requirements Regulation (Amendment) Regulations 2021 (S.I. 2021/1078), regs. 1(1), 13(1)(a) (with reg. 15) (as amended by S.I. 2021/1376, reg. 32(8))

Contents

  1. Title I: THE LIQUIDITY COVERAGE RATIO Repealed
  2. 1Subject matter Repealed
  3. 2Scope and application Repealed
  4. 3Definitions Repealed
  5. 4The liquidity coverage ratio Repealed
  6. 5Stress scenarios for the purposes of the liquidity coverage ratio Repealed
  7. Title II: THE LIQUIDITY BUFFER Repealed
  8. Chapter 1: General provisions Repealed
  9. 6Composition of the liquidity buffer Repealed
  10. 7General requirements for liquid assets Repealed
  11. 8Operational requirements Repealed
  12. 9Valuation of Liquid Assets Repealed
  13. Chapter 2: Liquid Assets Repealed
  14. 10Level 1 assets Repealed
  15. 11Level 2A assets Repealed
  16. 12Level 2B assets Repealed
  17. 13Level 2B securitisations Repealed
  18. 14Restricted-use committed liquidity facilities Repealed
  19. 15CIUs Repealed
  20. 16Deposits and other funding in cooperative networks and institutional protection schemes Repealed
  21. 17Composition of the liquidity buffer by asset level Repealed
  22. 18Breach of requirements Repealed
  23. 19Alternative liquidity approaches Repealed
  24. Title III: LIQUIDITY OUTFLOWS AND INFLOWS Repealed
  25. Chapter 1: Net Liquidity outflows Repealed
  26. 20Definition of net liquidity outflows Repealed
  27. 21Netting of derivatives transactions Repealed
  28. Chapter 2: Liquidity outflows Repealed
  29. 22Definition of liquidity outflows Repealed
  30. 23Additional liquidity outflows for other products and services Repealed
  31. 24Outflows from stable retail deposits Repealed
  32. 25Outflows from other retail deposits Repealed
  33. 26Outflows with inter-dependent inflows Repealed
  34. 27Outflows from operational deposits Repealed
  35. 28Outflows from other liabilities Repealed
  36. 29Outflows within a group ... Repealed
  37. 30Additional outflows Repealed
  38. 31Outflows from credit and liquidity facilities Repealed
  39. 31aOutflows from liabilities and commitments not covered by other provisions of this Chapter Repealed
  40. Chapter 3: Liquidity inflows Repealed
  41. 32Inflows Repealed
  42. 33Cap on Inflows Repealed
  43. 34Inflows within a group ... Repealed
  44. Title IV: FINAL PROVISIONS Repealed
  45. 35Transitional provision: United Kingdom-guaranteed bank assets Repealed
  46. 36Transitional provision for Member State-sponsored impaired asset management agencies Repealed
  47. 37Transitional provision for securitisations backed by residential loans Repealed
  48. 38Transitional provision for the introduction of the liquidity coverage ratio Repealed
  49. 39Entry into force Repealed
  50. Signature
  51. Annex I: Formulae for the determination of the liquidity buffer composition Repealed
  52. 1Division 1 Repealed
  53. 2Calculation of the liquidity buffer: as of the calculation date, the liquidity buffer of the credit institution shall be equal to: Repealed
  54. 3‘Excess liquid assets’ amount: this amount shall be comprised of the components defined herein: Repealed
  55. 4Calculation of the ‘excess liquid assets amount’: this amount shall be equal to: Repealed
  56. 5The composition of the liquidity buffer after taking into account the unwind of any secured funding transaction, secured lending transaction, asset exchange or collateralised derivatives transaction and the application of the above caps in accordance with Article 17 shall be determined as follows: Repealed
  57. Annex IIFormula for the calculation of the net liquidity outflow Repealed

1Subject matterF1

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2Scope and applicationF1

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3DefinitionsF1

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4The liquidity coverage ratioF1

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5Stress scenarios for the purposes of the liquidity coverage ratioF1

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6Composition of the liquidity bufferF1

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7General requirements for liquid assetsF1

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8Operational requirementsF1

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9Valuation of Liquid AssetsF1

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10Level 1 assetsF1

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11Level 2A assetsF1

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12Level 2B assetsF1

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13Level 2B securitisationsF1

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14Restricted-use committed liquidity facilitiesF1

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15CIUsF1

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16Deposits and other funding in cooperative networks and institutional protection schemesF1

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17Composition of the liquidity buffer by asset levelF1

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18Breach of requirementsF1

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19Alternative liquidity approachesF1

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20Definition of net liquidity outflowsF1

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21Netting of derivatives transactionsF1

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22Definition of liquidity outflowsF1

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23Additional liquidity outflows for other products and servicesF1

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24Outflows from stable retail depositsF1

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25Outflows from other retail depositsF1

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26Outflows with inter-dependent inflowsF1

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27Outflows from operational depositsF1

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28Outflows from other liabilitiesF1

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29Outflows within a group ...F1

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30Additional outflowsF1

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31Outflows from credit and liquidity facilitiesF1

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31aOutflows from liabilities and commitments not covered by other provisions of this ChapterF1

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32InflowsF1

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33Cap on InflowsF1

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34Inflows within a group ...F1

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35Transitional provision: United Kingdom-guaranteed bank assetsF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

36Transitional provision for Member State-sponsored impaired asset management agenciesF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

37Transitional provision for securitisations backed by residential loansF1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

38Transitional provision for the introduction of the liquidity coverage ratioF1

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39Entry into forceF1

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Signature

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1F1

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2Calculation of the liquidity buffer: as of the calculation date, the liquidity buffer of the credit institution shall be equal to:F1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3‘Excess liquid assets’ amount: this amount shall be comprised of the components defined herein:F1

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4Calculation of the ‘excess liquid assets amount’: this amount shall be equal to:F1

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5The composition of the liquidity buffer after taking into account the unwind of any secured funding transaction, secured lending transaction, asset exchange or collateralised derivatives transaction and the application of the above caps in accordance with Article 17 shall be determined as follows:F1

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Annex IIFormula for the calculation of the net liquidity outflowF1

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