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New version applies from 29/06/2025 — introduced by Regulation (EU) 2025/1215. 45 provisions change. Later versions: 01/01/2026, 26/06/2026, 01/01/2027. Article 428z moves to another heading in this version: compare.

Article 428z - 25 % required stable funding factor

Article 428z
25 % required stable funding factor

Unencumbered level 2B securitisations pursuant to the delegated act referred to in Article 460(1) shall be subject to a 25 % 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.

Official text · consolidated version 01/01/2025 (no longer in force) Open full page ↗
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