Question ID
2024_7157
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Liquidity risk
Article
Article 24
Paragraph
2
Subparagraph
c
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 paragraph 2c - Outflows from stable retail deposits
Type of submitter
Credit institution
Subject matter
Retail deposit - an established relationship criteria
Question

For the purpose of article 24 paragraph 1(a) a retail deposit shall be considered to be part of an established relationship where the depositor meets at least one of the following criteria: 

(a) has an active contractual relationship with the credit institution of at least 12 months duration;
(b) has a borrowing relationship with the credit institution for residential loans or other long term loans;
(c) has at least one other active product, other than a loan, with the credit institution.

 

Could you give an example what is considered to be 'one other active product, other than loan'? 

Would it be correct to consider these products as 'one other active product, other than loan' to fulfill the crieteria c):

  • credit card debt;
  • hire purchase;
  • financial lease ?
Background on the question

Some examples needed about the crietria: has at least one other active product, other than a loan, with the credit institution.

Submission date
Rejected publishing date
Rationale for rejection

This question has been rejected because the issue it raises is not material i.e. it does not raise a prudential, payments, consumer protection, resolution or other regulatory issue that is within the EBA’s remit.

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.

For further information on the purpose of this tool and on how to submit questions, please see “Additional background and guidance for asking questions”.

Status
Rejected question