Article 428f 1.

the institution acts solely as a pass-through unit to channel the funding from the liability into the corresponding interdependent asset;

the individual interdependent assets and liabilities are clearly identifiable and have the same principal amount;

the asset and interdependent liability have substantially matched maturities, with a maximum delay of 20 days between the maturity of the asset and the maturity of the liability;

the interdependent liability has been requested pursuant to a legal, regulatory or contractual commitment and is not used to fund other assets;

the principal payment flows from the asset are not used for other purposes than repaying the interdependent liability;

the counterparties for each pair of interdependent assets and liabilities are not the same.