TITLE III U.K. PRUDENTIAL REQUIREMENTS APPLICABLE TO CREDIT INSTITUTIONS OR CSDS AUTHORISED TO PROVIDE BANKING-TYPE ANCILLARY SERVICES, AS REFERRED TO IN ARTICLE 59 OF REGULATION (EU) No 909/2014

CHAPTER II U.K. PRUDENTIAL FRAMEWORK FOR CREDIT AND LIQUIDITY RISK

SECTION 2 U.K. Liquidity risk

Sub-Section 3 U.K. Managing Liquidity Risks

Article 34 U.K. Qualifying 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).