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The Bank of England’s approach to setting a minimum requirement for own funds and eligible liabilities (MREL)
The Bank of England’s approach to setting a minimum requirement for own funds and eligible liabilities (MREL)
Responses to Consultation and Statement of Policy
Published on
08 November 2016
This document contains the Bank of England’s final policy for exercising its power to direct relevant persons to maintain a minimum requirement for own funds and eligible liabilities (MREL) under section 3A(4) of the Banking Act 2009.