LCR amendment could disrupt Lux covereds
incorporated in England and Wales (company number 15236213),
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LCR amendment could disrupt Lux covereds

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The European Commission’s proposed amendment to the Liquidity Coverage Ratio Delegated Act suggests covered bonds, such as those issued by NordLB Luxembourg and others, could be excluded, which could extinguish banks’ demand for them. However, it is likely that a solution referencing the covered bond directive will be found.

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