The Commission has written to EBA asking it to carry out additional work on the net stable funding requirements (NSFR). It asks for specific analysis of the factor applied to gross derivatives liabilities and the recognition of margin received as opposed to margin posted. The Commission asks EBA to suggest possible alternative, more risk-sensitive, policy options in this area. It also asks EBA to consider effective application of the principle of proportionality. The Commission asks EBA to assess lower and less frequent reporting requirements and the introduction of another metric, such as a core stable funding ratio, in order to evaluate the implementation of this principle. It has set a July deadline for EBA to deliver its work. (Source: Commission seeks EBA input on NSFR)