EBU Single Rulebook Q&A 7 August 2013 2013_132 Cash in CIUs and its impact on CIUs being treated as liquid assets

According to Article 416(5) of Regulation (EU) No 575/2013 (CRR) CIUs may be treated as liquid assets provided that, among other things, they only invest in liquid assets as referred to in Article 416(1). Typically CIUs hold cash to a certain extent (e.g. 1-10 %) in order to secure their liquidity.