Regulatory Technical Standards on minimum requirement for own funds and eligible liabilities (MREL)

  • Status: Adopted and published in the Official Journal of the EU

These draft Regulatory Technical Standards (RTS) aim to specify the criteria to set the minimum requirement for own funds and eligible liabilities (MREL) laid down in the Bank Recovery and Resolution Directive (BRRD).  They clarify how the institution’s capital requirements should be linked to the amount of MREL needed to absorb losses and, where necessary, recapitalise a firm after resolution. Finally, the RTS propose that for systemic institutions, resolution authorities should consider the potential need to be able to access the resolution financing arrangement if a resolution relying solely on the institution’s own resources is not possible.

Summary of document history

Previous versions Current version Ongoing versions

Consultation on RTS on minimum requirement for own funds and eligible liabilities (MREL)

  • Status: Closed
  • Deadline: 27 FEBRUARY 2015
Documents
BSG response to Consultation Paper (EBA-CP-2014-41) - 26 February 2015

(187.76 KB - PDF) Last update 2 March 2015

Consultation paper

(618.97 KB - PDF) Last update 28 November 2014

Responses

The form is now closed.

Public hearings

Public hearing on RTS on MREL

Presentation

(1.48 MB - PDF) Last update 20 January 2015

Press contacts

Franca Rosa Congiu