1. In accordance with Article 460(2) of Regulation (EU) No 575/2013, the liquidity coverage ratio laid down in Article 4 shall be introduced as follows:
((a))
60 % of the liquidity coverage requirement as from 1 October 2015;
((b))
70 % as from1 January 2016;
((c))
80 % as from 1 January 2017;
((d))
100 % as from 1 January 2018.
2. In accordance with Article 412(5) of Regulation (EU) No 575/2013, Member States or competent authorities may require domestically authorised credit institutions or a subset of such credit institutions to maintain a higher liquidity coverage requirement up to 100 % until the binding minimum standard is fully introduced at a rate of 100 % in accordance with this Regulation.