Regulation (EU) No 575/2013 of the European Parliament and of the CouncilShow full title

[X1 12. Gold listed on a recognised exchange, held on an allocated basis. U.K.

All items with the exception of those referred to in points 1, 2 and 9 must satisfy all of the following conditions:

(a)

they are traded in simple repurchase agreements or cash markets characterised by a low level of concentration;

(b)

they have a proven record as a reliable source of liquidity by either repurchase agreement or sale even during stressed market conditions;

(c)

they are unencumbered.]

Editorial Information

X1 Substituted by Corrigendum to Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1).