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The Bank of England’s approach to setting a minimum requirement for own funds and eligible liabilities (MREL) - 2016

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.

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