Bank of England holds firm on MREL thresholds
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Bank of England holds firm on MREL thresholds

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The Bank of England said this week that lenders with £15bn-£25bn in assets should still be subject to the minimum requirements for own funds and eligible liabilities (MREL), despite calls from the industry to raise the threshold. The Old Lady will, however, give new and growing firms longer to comply with their targets.

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