S.L.2: Subsidiary Liquidity Available for Transfer
Refers to the amount of excess eligible HQLA that is held at a subsidiary of the consolidated reporting entity that is determined as transferrable as per sections 22(b)(3)(i)(B), 22(b)(3)(ii)(B) or 22(b)(4)(ii) of the LRM Standards. Do not include eligible HQLA that is determined as transferrable based on the subsidiary’s own net cash outflows (i.e., as per 22(b)(3)(i)(A), 22(b)(3)(ii)(B) or 22(b)(4)(i)).