MREL and MS: Difference between pages

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imported>Doug Williamson
(Expand. Sources: linked pages & BoE http://www.bankofengland.co.uk/financialstability/Documents/resolution/mrelconsultation2015.pdf)
 
imported>Doug Williamson
(Layout.)
 
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''Bank [[resolution]] and [[recovery]].''
Microsoft.


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 loss absorbing capital ([[LAC]]) of certain financial institutions. 
== See also ==
 
* [[Bill Gates]]
MREL was originally due to be applied to EU banks and investment firms from 2016, with a review by the [[EBA]] by the end of 2016, and with a transitional period of up to 4 years.
 
 
MREL comprises the total of a bank's:
*Loss absorption amount; and
*Recapitalisation amount.
 
 
==See also==
 
*[[Capital adequacy]]
*[[Eligible liabilities]]
 
*[[Loss absorbing capacity]]
*[[Loss absorption amount]]
*[[Own funds]]
*[[Recapitalisation amount]]
*[[Resolution]]
*[[Total Loss Absorbing Capacity]]
 
*[[PLAC]]
 
*[[SLAC]]
 
*[[Gone concern]]
 
*[[Bailin]]
 
[[Category:Compliance_and_audit]]
[[Category:Risk_frameworks]]

Revision as of 10:59, 22 June 2016

Microsoft.


See also