Article 422 › 8

Competent authorities may grant the permission to apply a lower outflow percentage on a case-by-case basis, to the liabilities referred to in paragraph 7, when all of the following conditions are fulfilled: (a) the depositor is: (i) a parent or subsidiary institution of the institution or another subsidiary of the same parent institution; (ii) linked to the institution by a relationship within the meaning of Article 12(1) of Directive 83/349/EEC; (iii) an institution falling within the same institutional protection scheme meeting the requirements of Article 113(7); (iv) the central institution or a member of a network compliant with Article 400 (2)(d); (b) there are reasons to expect a lower outflow over the next 30 days even under a combined idiosyncratic and market-wide stress scenario; (c) a corresponding symmetric or more conservative inflow is applied by the depositor by way of derogation from Article 425; (d) the institution and the depositor are established in the same Member State.

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Source: EUR-Lex CELLAR · retrieved 2026-09-04