AI Summary of Article 428ab 35 % required stable funding factor
The assets enumerated herein are to be governed by a required stable funding factor of 35%. This includes unencumbered level 2B securitisations as delineated in the delegated act under Article 460(1), which remain applicable irrespective of adherence to operational requirements or the stipulations on liquidity buffer composition.
Moreover, unencumbered shares or units in collective investment undertakings (CIUs) eligible for a 35% haircut in the liquidity coverage ratio calculation are likewise encompassed. Compliance with operational standards or liquidity buffer composition requirements as per the same delegated act is not a prerequisite.
Article 428ab 35 % required stable funding factor
The following assets shall be subject to a 35 % required stable funding factor:
(a) unencumbered level 2B securitisations pursuant to the delegated act referred to in Article 460(1), regardless of whether they comply with the operational requirements and with the requirements on the composition of the liquidity buffer as set out in that delegated act;
(b) unencumbered shares or units in CIUs that are eligible for a 35 % haircut for the calculation of the liquidity coverage ratio pursuant to the delegated act referred to in Article 460(1), regardless of whether they comply with the operational requirements and with the requirements on the composition of the liquidity buffer as set out in that delegated act.