Prudential Regulation Authority Rulebook

-

The following liabilities and capital items or instruments shall be subject to a 50% available stable funding factor:

1. (a) deposits received that fulfil the criteria for operational deposits set out in Chapter 2 of the Liquidity Coverage Ratio (CRR) Part of the PRA Rulebook;
2. (b) liabilities and capital items or instruments with a residual maturity of less than one year provided by:
1. (i) the central government of the United Kingdom or of a third country;
2. (ii) regional governments or local authorities in the United Kingdom or in a third country;
3. (iii) public sector entities of the United Kingdom or of a third country;
4. (iv) multilateral development banks referred to in Article 117(2) and international organisations referred to in Article 118;
5. (v) non-financial corporate customers;
6. (vi) credit unions authorised by the competent authority, personal investment companies and clients that are deposit brokers, with the exception of deposits received, that fulfil the criteria for operational deposits as set out in Chapter 2 of the Liquidity Coverage Ratio (CRR) Part of the PRA Rulebook.