10.3. SREP liquidity assessment and institution-specific prudential requirements

The determination of measures to address any significant matters and material findings relating to liquidity supervision and to the need for institution-specific liquidity requirements should be conducted in accordance with the joint decision process pursuant to Article 113 of Directive 2013/36/EU.

For Article 113(1)(b) of Directive 2013/36/EU, competent authorities should consider ‘matters’ to be significant and/or ‘findings’ to be material at least where:

• a. specific quantitative liquidity requirements are proposed by competent authorities; and/or
• b. measures other than specific quantitative liquidity requirements are proposed by competent authorities and the score assigned to liquidity risk and/or funding risk adequacy is ‘3’ or ‘4’.