MREL: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Sort links in text.) |
(Mend link.) |
||
| (One intermediate revision by one other user not shown) | |||
| Line 20: | Line 20: | ||
*[[Loss absorption amount]] | *[[Loss absorption amount]] | ||
*[[Own funds]] | *[[Own funds]] | ||
*[[ | *[[Primary Loss Absorbing Capital]] (PLAC) | ||
*[[Recapitalisation amount]] | *[[Recapitalisation amount]] | ||
* [[Recovery]] | * [[Recovery]] | ||
*[[Resolution]] | *[[Resolution]] | ||
*[[ | *[[Secondary Loss Absorbing Capital]] (SLAC) | ||
*[[Total Loss Absorbing Capacity]] | *[[Total Loss Absorbing Capacity]] | ||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
Latest revision as of 10:02, 12 September 2024
Bank resolution and recovery
Minimum Requirement for own funds and Eligible Liabilities.
The term used in EU legislation (2014/59/EU)[1] for the loss absorbing capital (LAC) of certain financial institutions.
MREL comprises the total of a bank's:
- Loss absorption amount; and
- Recapitalisation amount.
