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Version status: Applicable | Document consolidation status: Updated to reflect all known changes
Version date: 26 June 2021 - onwards
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Article 44 Temporary reduction of the liquidity requirement

1. Investment firms may, in exceptional circumstances, and after approval by the competent authority, reduce the amount of liquid assets held.

2. Compliance with the liquidity requirement set out in Article 43(1) shall be restored within 30 days of the original reduction.

Comparing proposed amendment...