Article 509 › 3

EBA shall, after consulting ESMA and the ECB, by 31 December 2013, report to the Commission on appropriate uniform definitions of high and of extremely high liquidity and credit quality of transferable assets for the purposes of Article 416 and appropriate haircuts for assets that would qualify as liquid assets for the purposes of Article 416, with the exception of assets referred to in points (a), (b) and (c) of Article 416(1). The European Parliament and the Council shall be given the opportunity to state their views on that report. The report referred to in the first subparagraph shall also consider: (a) other categories of assets, in particular residential mortgage-backed securities of high liquidity and credit quality; (b) other categories of central bank eligible securities or loans, for example local government bonds and commercial paper; and (c) other non-central bank eligible but tradable assets, for example equities listed on a recognised exchange, gold, major index linked equity instruments, guaranteed bonds, covered bonds, corporate bonds and funds based on those assets.

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