TITLE IIILIQUIDITY OUTFLOWS AND INFLOWS

CHAPTER 3 Liquidity inflows

Article 34Inflows within a group F1...

1.

By way of derogation from Article 32(3)(g), competent authorities may authorise the application of a higher inflow rate on a case by case basis for undrawn credit and liquidity facilities when all of the following conditions are fulfilled:

(a)

there are reasons to expect a higher inflow even under a combined market and idiosyncratic stress of the provider;

(b)

the counterparty is the parent or a subsidiary of the credit institution or another subsidiary of the same parent or linked to the credit institution by a F2common management relationship F3...;

(c)

where the inflow rate exceeds 40 %, a corresponding symmetric outflow rate is applied by the counterparty by way of derogation from Article 31;

(d)

the credit institution and the counterparty are established in the F4United Kingdom.

F52.

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F53.

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