UK’s MREL proposal: alignment with TLAC in one ratio
Published on Wednesday, February 10, 2016 | Updated on Sunday, May 13, 2018
UK’s MREL proposal: alignment with TLAC in one ratio
Summary
On 11 December 2015, the Bank of England published its approach on setting the MREL for all UK banks, building societies and certain investment firms. The consultation is open for comments until 11 March 2016. This analysis will provide a summary of the proposal, with a focus on an important feature of the document: the first implementation of the FSB's TLAC in Europe.
Geographies
- Geography Tags
- Europe
Topics
- Topic Tags
- Banks
- Financial Regulation
Authors
Javier García
Victoria Santillana
BBVA Regulation - Regulation Senior Manager