How prepared are European banks to comply with MREL?
Published on Thursday, August 30, 2018 | Updated on Monday, September 3, 2018
How prepared are European banks to comply with MREL?
The estimated MREL deficit for European banks based on three subordination scenarios would be 195 billion euros under the recommendation of the EBA, 301 billion euros according to the compromise text of the Council and 526 billion under a full subordination scenario. Therefore, the subordination requirement will be crucial in the future MREL requirement of European banks.
Documents to download
-
Report (PDF)
2018-08-The-position-of-EU-banks-to-comply-with-MREL_Final English August 30, 2018
Authors
Geographies
- Geography Tags
- Europe
Topics
- Topic Tags
- Banks
- Financial Regulation
- Financial Markets