Article 428z 25% Required Stable Funding Factor

Unencumbered level 2B securitisations pursuant to Chapter 2 of the Liquidity Coverage Ratio (CRR) Part of the PRA Rulebook and falling within Article 13(14)(a) of that Chapter shall be subject to a 25% required stable funding factor, regardless of whether they comply with the operational requirements and with the requirements on the composition of the liquidity buffer as set out in that Chapter.