Deed of amendment and MREL: Difference between pages

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''Law''
''Bank resolution and recovery''
A deed varying the terms of, for example, a trust set up under a previous deed. 


Also known as a supplemental deed.
Minimum Requirement for own funds and Eligible Liabilities.


== See also ==
* [[Deed]]


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. 
MREL comprises the total of a bank's:
*Loss absorption amount; and
*Recapitalisation amount.
==See also==
*[[Bailin]]
*[[Capital adequacy]]
*[[Eligible liabilities]]
*[[Gone concern]]
*[[Loss absorbing capacity]]
*[[Loss absorption amount]]
*[[Own funds]]
*[[PLAC]]
*[[Recapitalisation amount]]
* [[Recovery]]
*[[Resolution]]
*[[SLAC]]
*[[Total Loss Absorbing Capacity]]
[[Category:Compliance_and_audit]]
[[Category:Risk_frameworks]]

Revision as of 16:38, 26 February 2020

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.


See also