The Bank of England’s approach to setting a minimum requirement for own funds and eligible liabilities (MREL)

Consultation on a proposed Statement of Policy.
Published on 11 December 2015

This consultation paper sets out the Bank of England’s proposed policy for exercising its power to direct institutions to maintain a minimum requirement for own funds and eligible liabilities (MREL) under section 3A(4) of the Banking Act 2009.

PDF The Bank of England’s approach to setting a minimum requirement for own funds and eligible liabilities (MREL) - Consultation paper

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