non-core liquid asset

89has the meaning in MIFIDPRU 7.7.8R, which is any of the following, except to the extent excluded by MIFIDPRU 7.7.8R(2):

1. (1) short-term deposits at a credit institution that does not have a Part 4A permission in the UK to accept deposits;
2. (1A) short-term non-sterling deposits at a UK credit institution;98
3. (2) assets representing claims on, or guaranteed by, multilateral development banks or international organisations;
4. (3) assets representing claims on or guaranteed by any third country central bank or government;
5. (4) financial instruments; and
6. (5) any other instrument eligible as collateral against the margin requirement of an authorised central counterparty.