Commission Delegated Regulation (EU) 2015/61 of 10 October 2014 to supplement Regulation (EU) No 575/2013 of the European Parliament and the Council with regard to liquidity coverage requirement for Credit Institutions (Text with EEA relevance) (c. 61)

ANNEX I U.K. Formulae for the determination of the liquidity buffer composition

4. Calculation of the ‘excess liquid assets amount’: this amount shall be equal to: U.K.

(a)

the adjusted non-covered bond level 1 asset amount; plus

(b)

the adjusted level 1 covered bond amount; plus

(c)

the adjusted level 2A asset amount; plus

(d)

the adjusted level 2B asset amount;

minus the lesser of:

(e)

the sum of (a),(b),(c) and (d);

(f)

100/30 times (a);

(g)

100/60 times the sum of (a) and (b);

(h)

100/85 times the sum of (a), (b) and (c).