Contents
Article 34Qualifying liquid resources#
A CSD-banking service provider shall mitigate corresponding liquidity risks, including intraday liquidity risks, in each currency by using any of the following qualifying liquid resources:
(a)cash deposited at a central bank of issue;
(b)available cash deposited at one of the creditworthy financial institutions identified in Article 38(1);
(c)committed lines of credit or similar agreements;
(d)assets that fulfil the requirements of Article 10 and Article 11(1) of this Regulation applicable to collateral, or financial instruments compliant with the Delegated Regulation (EU) 2017/392, that are readily available and convertible into cash with prearranged and highly reliable funding arrangements in accordance with Article 38 of this Regulation;
(e)the collateral referred to in Article 10 and Article 11(1).
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