MREL

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Revision as of 10:19, 26 March 2014 by imported>Doug Williamson (Removed 'are' from end of sentence, removed link from RWA as only links to what the letters mean which has already been explained - 26/3/14)
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Minimum Requirement for own funds and Eligible Liabilities.

Bank resolution and recovery.

The term used in draft EU legislation for loss absorbing capital (LAC) but seen in relation to total liabilities rather than risk weighted assets (RWAs) as PLAC and SLAC (UK) and GCLAC or GLAC (FSB. [EU definitions likely to be subject to change.]

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