MREL: Difference between revisions
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imported>Doug Williamson m (Added end bracket after FSB - 26/3/14) |
imported>John Grout (To update for passage of 2014/59/EU) |
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''Bank [[resolution]] and [[recovery]].'' | ''Bank [[resolution]] and [[recovery]].'' | ||
The term used in | 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. | ||
MREL is due to be applied to EU banks and investment firms from 1 January 2016 but with a review by the [[EBA]] by the end of 2016 - and with a transitional period of up to 4 years. | |||
*[[Capital adequacy]] | |||
*[[Loss absorbing capacity]] | |||
*[[Total Loss Absorbing Capacity]] | |||
*[[PLAC]] | |||
*[[SLAC]] | |||
*[[Gone concern]] | |||
*[[Bailin]] | |||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
Revision as of 12:23, 3 December 2014
Minimum Requirement for own funds and Eligible Liabilities.
Bank resolution and recovery.
The term used in EU legislation (2014/59/EU[1] for loss absorbing capital (LAC) of certain financial institutions.
MREL is due to be applied to EU banks and investment firms from 1 January 2016 but with a review by the EBA by the end of 2016 - and with a transitional period of up to 4 years.
