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Article 460 › 2

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REGULATION (EU) No 575/2013 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (Text with EEA relevance) · European Union

The liquidity coverage requirement referred to in Article 412 shall be introduced in accordance with the following phasing-in: (a) 60 % of the liquidity coverage requirement in 2015; (b) 70 % as from 1 January 2016; (c) 80 % as from 1 January 2017; (d) 100 % as from 1 January 2018. For this purpose the Commission shall take into account the reports referred to in Article 509(1), (2) and (3) and international standards developed by international fora as well as Union specificities. The Commission shall adopt the delegated act referred to in paragraph 1 by 30 June 2014. It shall enter into force by 31 December 2014, but shall not apply before 1 January 2015.

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