Quantitative and qualitative liquidity requirements for the assets referred to in Article 15(6) of Regulation (EU) 2017/1131
- Manage reverse repo agreements and collateral with proper haircuts and policy
Retained EU Law
2018
United Kingdom
Commission Delegated Regulation (EU) 2018/990 of 10 April 2018 amending and supplementing Regulation (EU) 2017/1131 of the European Parliament and of the Council with regard to simple, transparent and standardised (STS) securitisations and asset-backed commercial papers (ABCPs), requirements for assets received as part of reverse repurchase agreements and credit quality assessment methodologies (Text with EEA relevance)
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What's here
7 compliance obligations
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Criteria for validating the internal credit quality assessment methodologies referred to in Article 19(3) of Regulation (EU) 2017/1131
- Validate and maintain internal credit quality assessment methodologies
Criteria for quantifying credit risk, and the relative risk of default of the issuer and of the instrument, as referred to in Article 20(2)(a) of Regulation (EU) 2017/1131
- Use specified criteria to quantify credit risk of investments
Criteria for establishing qualitative indicators in relation to the issuer of the instrument, referred to in Article 20(2)(b) of Regulation (EU) 2017/1131
- Establish qualitative indicators for issuer creditworthiness using specified criteria
Criteria for establishing qualitative credit risk indicators in realtion to the issuer of the instrument, as referred to in Article 20(2)(b) of Regulation (EU) 2017/1131
- Assess qualitative credit risk indicators for instrument issuers
Material change as referred to in Article 19(4)(d) of Regulation (EU) 2017/1131
- Assess material changes in MMF investments and manage credit rating downgrades
Quantitative and qualitative credit quality requirements for assets referred to in Article 15(6)(a) of Regulation (EU) 2017/1131
- Follow strict credit quality rules for certain MMF assets
Browse 3 other sections — procedural / definitional / commencement
Amendment to Regulation (EU) 2017/1131
Overrides
This Regulation shall enter into force on the twentieth day...
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