Amendment to the LCR Delegated Regulation
Banking and financial services
Directive (EU) 2019/2162 of the European Parliament and of the Council of 27 November 2019 on the issue of covered bonds and covered bond public supervision introduced a dedicated liquidity buffer requirement for covered bonds which may result in an overlap with the Liquidity Coverage Requirement as set out in Delegated Regulation (EU) 2015/61 (LCR DR). In order to address this overlap, the Commission intends to amend the LCR DR in order to cater for the specific situation of covered bonds.
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