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New version applies from 30/09/2021 — introduced by Commission Delegated Regulation (EU) 2021/424. 65 provisions change. Later versions: 10/04/2022, 08/07/2022, 01/01/2023, 28/06/2023, 09/01/2024, 09/07/2024, 01/01/2025, 29/06/2025, 01/01/2026, 26/06/2026, 01/01/2027. Article 428l changes in this version: compare with the current text.

Article 428l - 50 % available stable funding factor

Article 428l
50 % available stable funding factor

The following liabilities 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 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 of a Member State or of a third country;

(iii)

public sector entities in a Member State or in 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 to the extent that those liabilities do not fall under point (a) of this paragraph;

(c)

liabilities with a residual contractual maturity of a minimum of six months but less than one year that are provided by:

(i)

the ECB or the central bank of a Member State;

(ii)

the central bank of a third country;

(iii)

financial customers;

(d)

any other liabilities with a residual maturity of a minimum of six months but less than one year not referred to in Articles 428m, 428n and 428o.

Official text · consolidated version 29/06/2021 (no longer in force) Open full page ↗
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