MREL: Difference between revisions
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The term used in [[EU]] legislation (2014/59/EU[http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32014L0059] for loss absorbing capital ([[LAC]]) of certain financial institutions. | The term used in [[EU]] legislation (2014/59/EU[http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32014L0059] for the loss absorbing capital ([[LAC]]) of certain financial institutions. | ||
Revision as of 17:13, 21 November 2017
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.
