MREL: Difference between revisions
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imported>Doug Williamson (Re-order.) |
imported>Doug Williamson (Add links.) |
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*[[Capital adequacy]] | *[[Capital adequacy]] | ||
*[[Eligible liabilities]] | |||
*[[Loss absorbing capacity]] | *[[Loss absorbing capacity]] | ||
*[[Own funds]] | |||
*[[Total Loss Absorbing Capacity]] | *[[Total Loss Absorbing Capacity]] | ||
Revision as of 13:41, 10 November 2016
Bank resolution and recovery.
Minimum Requirement for own funds and Eligible Liabilities.
The term used in EU legislation (2014/59/EU[1] for loss absorbing capital (LAC) of certain financial institutions.
MREL was originally due to be applied to EU banks and investment firms from 2016, with a review by the EBA by the end of 2016, and with a transitional period of up to 4 years.
