Article 9 Valuation of Liquid Assets

For the purposes of calculating its liquidity coverage ratio, a credit institution shall use the market value of its liquid assets. The market value of liquid assets shall be reduced in accordance with the haircuts set out in Chapter 2 of Title II (The Liquidity Buffer) and with Article 8(5)(b), where applicable.

[Note: This rule corresponds to Article 9 of Regulation (EU) No 2015/61 as it applied immediately before revocation by the Treasury]