+402. In accordance with Article 39(2), point (k) of Directive (EU) 2019/2034 competent authorities …
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402. In accordance with Article 39(2), point (k) of Directive (EU) 2019/2034 competent authorities …
| In accordance | with Article 39(2), point (k) of Directive (EU) 2019/2034 competent |
authorities may: - a. require diversification of the liquidity buffer and currency consistency between liquid assets and net outflows;
- b. impose requirements on the concentration of the liquid assets held, including:
| • | requirements for the composition of the investment firm’s liquid-assets profile in respect to asset classes, currencies; and/or | | • | caps, limits or restrictions on funding concentrations; |
- c. impose restrictions on short-term contractual or behavioural maturity mismatches:
| • | limits on maturity mismatches (in specific time buckets); | | • | limits on minimum survival periods; and/or | | • | limits on dependency on certain short-term funding sources, such as money market funding. |
1. Overview
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
| Source |
Requirement |
3. Related Standards
Standards
| Source |
Requirement |
- EBA - Published by the European Banking Authority at https://www.eba.europa.eu/
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