View source for MREL

''Bank resolution and recovery''

Minimum Requirement for own funds and Eligible Liabilities.


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]]
*[[Primary Loss Absorbing Capital]]  (PLAC)
*[[Recapitalisation amount]]
* [[Recovery]]
*[[Resolution]]
*[[SLAC]]
*[[Total Loss Absorbing Capacity]]

[[Category:Compliance_and_audit]]
[[Category:Risk_frameworks]]