The European MREL: main characteristics and TLAC similarities and differences
Published on Wednesday, December 3, 2014 | Updated on Wednesday, March 6, 2019
The European MREL: main characteristics and TLAC similarities and differences
Summary
On 28 November 2014, the EBA released the consultation paper on the criteria for determining the minimum requirement for own funds and eligible liabilities for bail-in – the so-called MREL. With the MREL, European authorities will ensure that banks have enough liabilities to absorb losses in case of failure, and, therefore, shareholders and creditors should shoulder much of the recapitalisation burden, instead of tax-payers.
Geographies
- Geography Tags
- Europe
Topics
- Topic Tags
- Financial Regulation
Authors
José Carlos Pardo
Victoria Santillana
BBVA Regulation - Regulation Senior Manager
Documents and files
Warning: Invalid argument supplied for foreach() in /var/www/html/wp-content/themes/bbvaresearch/single.php on line 850