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AI Summary of Article 451a Disclosure of liquidity requirements

Under Part Six, institutions are mandated to disclose key information regarding their liquidity coverage and net stable funding ratios. This encompasses the average liquidity coverage ratio over the previous year, total liquid assets constituting the liquidity buffer, and detailed insights into liquidity inflows and outflows.

Additionally, quarterly disclosures are required for the net stable funding ratio, inclusive of available and required stable funding calculations. Institutions must also outline their frameworks for identifying, measuring, and managing liquidity risk, as per Article 86 of Directive 2013/36/EU, ensuring transparency in their risk management practices.

Version status: Inserted | Document consolidation status: Updated to reflect all known changes
Version date: 28 June 2021 - onwards

Article 451a Disclosure of liquidity requirements

1. Institutions that are subject to Part Six shall disclose information on their liquidity coverage ratio, net stable funding ratio and liquidity risk management in accordance with this Article.

2. Institutions shall disclose the following information in relation to their liquidity coverage ratio as calculated in accordance with the delegated act referred to in Article 460(1):

(a) the average or averages, as applicable, of their liquidity coverage ratio based on end-of-the-month observations over the preceding 12 months for each quarter of the relevant disclosure period;

(b) the average or averages, as applicable, of total liquid assets, after applying the relevant haircuts, included in the liquidity buffer pursuant to the delegated act referred to in Article 460(1), based on end-of-the-month observations over the preceding 12 months for each quarter of the relevant disclosure period, and a description of the composition of that liquidity buffer;