On 12 April 2022, the Council of the EU published a corrigendum to Commission Delegated Regulation of 10 February 2022 amending Commission Delegated Regulation (EU) 2015/61 to supplement the Capital Requirements Regulation with regard to the liquidity coverage requirement for credit institutions.

The main purpose of the Delegated Regulation of 10 February 2022 is to ensure the effective interplay between the liquidity coverage requirements set out in Commission Delegated Regulation (EU) 2015/61 and the requirements introduced by the Covered Bond Directive. The corrigendum corrects an error in recital 5 of Commission Delegated Regulation (EU) 2015/61. It deletes the word “covered” from the last sentence of recital 5 to make it clear that all types of bonds issued by export credit agencies should be eligible as high quality liquid assets.