Question ID
2024_7125
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - Liquidity (LCR, NSFR, AMM)
Article
Article 415
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Delegated Regulation (EU) 2015/61 - DR with regard to liquidity coverage requirement
Article/Paragraph
Article 24
Type of submitter
Credit institution
Subject matter
Definition of Stable Deposits in C73 Outflows
Question

Can the EBA confirm, where customers who qualify for Transactional treatment under LCR delegated act, Article 24 1.b (ie are not captured by Article 25 Higher Outflows), with deposits held in a transactional account, ie a current account, but fail the activity criteria for Transactional accounts per Article 24 para 3 (salaries, income or transactions are regularly credited and debited respectively against that account), however pass the criteria for Established customer relationship (ie relationship >1 year), can these be treated as Stable with a 5% weighting?  Or Other with 10% weighting?

Background on the question
LCR Delegated act article 24, defines two criteria for deposits to be treated as stable receiving 5% weighting

(1) established customers, with further qualifiers of >1 year relationship, or borrowing relationship, or another active product than a loan  

(2) transactional account with a qualifier that the account must be actively used
There is cross over between these two definitions, one defining customer attributes and another product attributes leading to the question whether a customer who is established (eg > 1 year relationship) holds deposits in transactional accounts, but are not actively using the account, if this deposit is deemed stable (based on passing the established qualifier) or Other as they fail the transactional qualifier
 
Submission date
Rejected publishing date
Rationale for rejection

This question has been rejected because the issue it deals with is already explained or addressed in Article 24(3) of Commission Delegated Regulation (EU) 2015/61.

The Single Rule Book Q&A tool has been established to provide explanations and non-binding interpretations on questions relating to the practical application or implementation of the provisions of legislative acts referred to in Article 1(2) of the EBA’s founding Regulation, as well as associated delegated and implementing acts, and guidelines and recommendations, adopted under these legislative acts.

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Status
Rejected question