Call for evidence on Net Stable Funding RatioOn 10 February 2025, the Commission launched a call for evidence to collect input from stakeholders on the liquidity requirements for some financial instruments under the EU banking prudential framework. Under the Capital Requirement Regulation (CRR), some short-term financing transactions, mainly collateralised by sovereign bonds, benefit currently from lower liquidity requirements (so-called “RSF” or “required stable ratio”) than those set out in the Basel standards. This is a transitional treatment that ends on 28 June 2025. After that date, the higher RSF as set out in the Basel standards would apply. There has been some concern that an increase of the RSF for these instruments would make them more costly in the EU. It could also affect the liquidity and demand for sovereign bonds. This could also create an unlevel playing field for EU banks, as other jurisdictions have already decided to maintain lower RSF factors than under the Basel standards for these instruments on a permanent basis. The call for evidence will be open for four weeks. The Commission invites public and private stakeholders to submit their views, and their contributions will help the Commission to determine the way forward regarding the June 2025 expiration of the current liquidity treatment for short-term secured financing transactions. Net Stable Funding Ratio – prudential treatment of short-term securities financing transactions (amending regulation) » | 
