Copying and distributing are prohibited without permission of the publisher.

Watermark

Banks know MREL transition is not eternal, says SRB’s Laviola

Euro_dates_Calender_Alamy_575x375_220621
By Tyler Davies
22 Jun 2021

Sebastiano Laviola, director of strategy and policy coordination at the Single Resolution Board, said there is still plenty of work to do to refine bank failure rules in Europe but praised lenders for getting on well with issuing for the minimum requirements for own funds and eligible liabilities (MREL) during the pandemic.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free Trial
By Tyler Davies
22 Jun 2021