MREL

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Revision as of 17:05, 7 January 2015 by imported>Doug Williamson (Added header for the see also links)
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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.

As at the end of 2014 MREL was 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.


See also