A practical impediment to the prompt transfer of own funds or repayment of liabilities between the counterparties as referred to in paragraphs 5 to 10 of Article 11 of Regulation (EU) No 648/2012 shall be deemed to exist where there are restrictions of a practical nature, including any of the following:
(a)
insufficient availability of unencumbered or liquid assets to the relevant counterparty when due;
(b)
impediments of an operational nature which effectively delay or prevent such transfers or repayments when due.