MREL: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Date stamp predictive statement about transition.) |
imported>Doug Williamson m (Added header for the see also links) |
||
Line 6: | Line 6: | ||
As at the end of 2014 MREL was due to be applied to EU banks and investment firms from 1 January 2016 but with a review by the [[EBA]] by the end of 2016 - and with a transitional period of up to 4 years. | As at the end of 2014 MREL was due to be applied to EU banks and investment firms from 1 January 2016 but with a review by the [[EBA]] by the end of 2016 - and with a transitional period of up to 4 years. | ||
==See also== | |||
*[[Capital adequacy]] | *[[Capital adequacy]] |
Revision as of 17:05, 7 January 2015
Minimum Requirement for own funds and Eligible Liabilities.
Bank resolution and recovery.
The term used in EU legislation (2014/59/EU[1] for loss absorbing capital (LAC) of certain financial institutions.
As at the end of 2014 MREL was due to be applied to EU banks and investment firms from 1 January 2016 but with a review by the EBA by the end of 2016 - and with a transitional period of up to 4 years.