+Articolul 29 Ieșirile de lichidități în cadrul unui grup sau al unui sistem instituțional de protecție
---+Article 29 1.
---+Article 29 2.

Articolul 29 Ieșirile de lichidități în cadrul unui grup sau al unui sistem instituțional de protecție

Ieșirile de lichidități în cadrul unui grup sau al unui sistem instituțional de protecție

1. Prezentare generală

,
Titlu Reglementare
Article 29 1.

By way of derogation from Article 31 competent authorities may authorise the application of a lower outflow rate on a case by case basis for undrawn credit or liquidity facilities when all of the following conditions are fulfilled:

(a) 

there are reasons to expect a lower outflow even under a combined market and idiosyncratic stress of the provider;

(b) 

the counterparty is the parent or subsidiary institution of the credit institution or another subsidiary of the same parent institution or linked to the institution by a relationship within the meaning of Article 12(1) of Directive 83/349/EEC ( 10 ) or a member of the same institutional protection scheme referred to in Article 113(7) of Regulation (EU) No 575/2013 or the central institution or an affiliate of a network or cooperative group as referred to in Article 10 of that Regulation;

(c) 

the lower outflow rate does not fall below the inflow rate applied by the counterparty;

(d) 

the credit institution and the counterparty are established in the same Member State.

Article 29 2.

Competent authorities may waive the condition set out in point (d) of paragraph 1 where Article 20(1)(b) of Regulation (EU) No 575/2013 is applied. In that case, the following additional objective criteria have to be met:

▼M1

(a) 

the liquidity provider and receiver will present a low liquidity risk profile after the application of the lower outflow rate being proposed under paragraph 1 and the application of the inflow rate referred to in point (c) of that paragraph;

▼B

(b) 

there are legally binding agreements and commitments between the group entities regarding the undrawn credit or liquidity line;

▼M1

(c) 

the liquidity risk profile of the liquidity receiver is taken into account adequately in the liquidity risk management of the liquidity provider.

▼B

Where such a lower outflow rate is permitted to be applied, the competent authority shall inform EBA about the result of the process referred to in Article 20(1)(b) of Regulation (EU) No 575/2013. Fulfilment of the conditions for such lower outflows shall be regularly reviewed by the competent authority.

1.1 Referințe

1.2 Cerințe identificate

1.3 Standarde asociate

2. Cerințe identificate

Cerințe
Sursă Cerință

3. Standarde asociate

Standarde
Sursă Cerință
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