48. Competent authorities should verify that the liquid assets are or will be deposited with a …

Competent authorities should verify that the liquid assets are or will be deposited with a credit institution located in the Member State where the branch is to be authorised that is not part of its head undertaking’s group or, where permitted under national law, with the central bank of the Member State, making sure that the account used is different from that where the eligible instruments to meet the capital endowment requirement are deposited in escrow and that the account arrangements do not allow encumbering the liquid assets.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA -

  EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

  DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.