Version status: Applicable | Document consolidation status: Updated to reflect all known changes

Published date: 17 January 2015

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)

	Recitals
	Title I The Liquidity Coverage Ratio (arts. 1-5)
	Article 1 Subject matter
	Article 2 Scope and application
	Article 3 Definitions
	Article 4 The liquidity coverage ratio
	Article 5 Stress scenarios for the purposes of the liquidity coverage ratio
	Title II The Liquidity Buffer (arts. 6-19)
	Chapter 1 General provisions (arts. 6-9)
	Article 6 Composition of the liquidity buffer
	Article 7 General requirements for liquid assets
	Article 8 Operational requirements
	Article 9 Valuation of Liquid Assets
	Chapter 2 Liquid Assets (arts. 10-19)
	Article 10 Level 1 assets
	Article 11 Level 2A assets
	Article 12 Level 2B assets
	Article 13 Level 2B securitisations
	Article 14 Restricted-use committed liquidity facilities
	Article 15 CIUs
	Article 16 Deposits and other funding in cooperative networks and institutional protection schemes
	Article 17 Composition of the liquidity buffer by asset level
	Article 18 Breach of requirements
	Article 19 Alternative liquidity approaches
	Title III Liquidity Outflows and Inflows (arts. 20-34)
	Chapter 1 Net Liquidity outflows (arts. 20-21)
	Article 20 Definition of net liquidity outflows
	Article 21 Netting of derivatives transactions
	Chapter 2 Liquidity outflows (arts. 22-31a)
	Article 22 Definition of liquidity outflows
	Article 23 Additional liquidity outflows for other products and services
	Article 24 Outflows from stable retail deposits
	Article 25 Outflows from other retail deposits
	Article 26 Outflows with inter-dependent inflows
	Article 27 Outflows from operational deposits
	Article 28 Outflows from other liabilities
	Article 29 Outflows within a group or an institutional protection scheme
	Article 30 Additional outflows
	Article 31 Outflows from credit and liquidity facilities
	Article 31a Outflows from liabilities and commitments not covered by other provisions of this Chapter
	Chapter 3 Liquidity inflows (arts. 32-34)
	Article 32 Inflows
	Article 33 Cap on Inflows
	Article 34 Inflows within a group or an institutional protection scheme
	Title IV Final Provisions (arts. 35-39)
	Article 35 Grandfathering of Member State-guaranteed bank assets
	Article 36 Transitional provision for Member State-sponsored impaired asset management agencies
	Article 37 Transitional provision for securitisations backed by residential loans
	Article 38 Transitional provision for the introduction of the liquidity coverage ratio
	Article 39 Entry into force
	Annex I Formulae for the determination of the liquidity buffer composition
	Annex II Formula for the calculation of the net liquidity outflow
	Done at