EBA formally repeals its Guidelines on retail deposits subject to different outflows for the purpose of liquidity reporting

On 10 February 2016, the European Commission adopted Regulation (EU) 2016/322 (Implementing technical standard – ITS – on reporting on Liquidity Coverage Ratio – LCR), which has become applicable as of September 2016 and adapted to the Commission LCR Delegated Regulation. As a result, the EBA decided to formally repeal its Guidelines setting out the criteria for identifying retail deposits subject to different outflows for the purpose of liquidity reporting, issued in December 2013, as they have been superseded by the LCR Delegated Regulation and are no longer applicable for liquidity reporting purposes.