(b)

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 · European Union

the facility is backed by unencumbered assets of a type specified by the central bank. The assets provided as collateral shall fulfil all of the following criteria: they are held in a form which facilitates their prompt transfer to the central bank in the event of the facility being called; their value post-haircut as applied by the central bank is sufficient to cover the total amount of the facility; they are not to be counted as liquid assets for the purposes of the credit institution's liquidity buffer;

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Source: EUR-Lex (Cellar) · retrieved 2026-11-06 · Text as adopted (Official Journal); later amendments are not incorporated in this text.