BoE data show MREL requirements are ‘comfortably manageable’

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By Tyler Davies
08 May 2017

The Bank of England has published data on the minimum requirement for own funds and eligible liabilities (MREL), and analysts said that UK firms will have little difficulty complying with the rules by 2022.

MREL is a capital standard that applies to all European financial institutions and governs how much equity and loss-absorbing debt a bank should have to absorb losses and recapitalise itself should it fail.

Last Friday the Bank of England published indicative data on MREL for UK ...

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