MREL: Difference between revisions
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imported>Doug Williamson (Layout.) |
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''Bank | ''Bank resolution and recovery'' | ||
Minimum Requirement for own funds and Eligible Liabilities. | Minimum Requirement for own funds and Eligible Liabilities. | ||
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==See also== | ==See also== | ||
*[[Bailin]] | |||
*[[Capital adequacy]] | *[[Capital adequacy]] | ||
*[[Eligible liabilities]] | *[[Eligible liabilities]] | ||
*[[Gone concern]] | |||
*[[Loss absorbing capacity]] | *[[Loss absorbing capacity]] | ||
*[[Loss absorption amount]] | *[[Loss absorption amount]] | ||
*[[Own funds]] | *[[Own funds]] | ||
*[[PLAC]] | |||
*[[Recapitalisation amount]] | *[[Recapitalisation amount]] | ||
* [[Recovery]] | |||
*[[Resolution]] | *[[Resolution]] | ||
*[[SLAC]] | |||
*[[Total Loss Absorbing Capacity]] | *[[Total Loss Absorbing Capacity]] | ||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
Revision as of 15:23, 22 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.
MREL comprises the total of a bank's:
- Loss absorption amount; and
- Recapitalisation amount.
