UK to ditch MREL MDA after Brexit

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Cookies Settings
FIG
Regulatory Capital

UK to ditch MREL MDA after Brexit

Tyler Davies
October 19, 2020 11:15 AM
UK_Sunak_Johnson_PA_575x375_191020
Prime Minister Boris Johnson and Chancellor of the Exchequer Rishi Sunak in Downing Street, London, ahead of a Cabinet meeting at the Foreign and Commonwealth Office. Picture date: Tuesday October 13, 2020. Photo credit should read: Matt Crossick/Empics | Matt Crossick/Empics Entertainment

The UK government has said that banks will still be able to make investor distributions if they fall below their minimum requirements for own funds and eligible liabilities (MREL) after Brexit — in an early of sign of divergence from the EU rulebook.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

RegulationBank CapitalFIG People and MarketsUKEuropeRegulatory CapitalEMEAFIGPeople and Markets
TD
Tyler Davies
Gift this article