EU questions ‘feasibility’ of MREL for small banks

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By Tyler Davies
28 Jan 2021

Small and medium-sized European banks could be looking at adjustments to their minimum requirements for own funds and eligible liabilities (MREL), or longer transition periods, following a review of the EU crisis management framework this year.

The European Commission launched a consultation for its new review earlier this week, in which it called for technical feedback from market participants. 

It intends to use the results of the process to come up with new legislative proposals for the Bank Recovery and Resolution Directive (BRRD), ...

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