On January 17, 2015, the following Delegated Regulations supplementing CRD IV were published in the Official Journal of the European Union:
1. Delegated Regulation on the liquidity coverage requirement for credit institutions covering matters such as stress scenarios, the composition of the liquidity buffer and the general requirements for liquid assets. This Delegated Regulation will enter into force on February 6, 2015.
2. Delegated Regulation on the leverage ratio covering matters such as the calculation of the leverage ratio and the exposure value of derivatives. This Delegated Regulation entered into force on January 18, 2015.
The Delegated Regulations are available at: http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:JOL_2015_011_R_0001&from=EN ; and http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:JOL_2015_011_R_0002&from=EN .
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.