lexiara

(b)

Text with EEA relevance.

paragraph 8 is replaced by the following: ‘8. Competent authorities may grant the permission to apply a lower outflow percentage to the liabilities referred to in paragraph 7 on a case-by-case basis, provided that all the following conditions are met: the counterparty is any of the following: a parent or subsidiary institution of the institution or another subsidiary of the same parent institution; the counterparty is linked to the institution by a relationship within the meaning of Article 22(7) of Directive 2013/34/EU; an institution falling within the same institutional protection scheme meeting the requirements of Article 113(7); or the central institution or a member of a network compliant with point (d) of Article 400(2); there are reasons to expect a lower outflow over the next 30 days even under a combined idiosyncratic and market-wide stress scenario; a corresponding symmetric or more conservative inflow is applied by the counterparty by way of derogation from Article 425; the institution and the counterparty are established in the same Member State.’;

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Source: EUR-Lex (Cellar) · retrieved 2026-10-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.