Take part in the public consultation on the future of the minimum requirements for own funds and eligible liabilities, or MREL, the minimum amount of equity and debt banks are required to hold to support an effective resolution without using taxpayers money or industry-funded safety nets.
The consultation is part of the SRB’s strategic review to ensure the SRB remains optimally equipped for the future, building on lessons learned from recent crises in the US and Switzerland, together with past SRB resolution cases. It will run from 14 December 2023 to 13 February 2024.
The consultation focuses on the following topics:
MREL adjustments for preferred resolution strategies relying on a combination of resolution tools;
The Market Confidence Charge buffer;
The monitoring of MREL eligibility;
Discretionary exclusions;
Long-term policy considerations.
Read the full press release