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Regulation (EU) 2019/2033 of the European Parliament and of the Council of 27 November 2019 on the prudential requirements of investment firms and amending Regulations (EU) No 1093/2010, (EU) No 575/2013, (EU) No 600/2014 and (EU) No 806/2014 (Text with EEA relevance) article 44 CELEX: 02019R2033-20240109 Temporary reduction of the liquidity requirement
1. Investment firms may, in exceptional circumstances, and after approval by the competent authority, reduce the amount of liquid assets held. 2. Compliance with the liquidity requirement set out in Article 43(1) shall be restored within 30 days of the original reduction. |