MREL definition
MREL means the Minimum Requirement for own funds and Eligible Liabilities as defined in Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms (as amended from time to time).
MREL means the “minimum requirement for own funds and eligible liabilities” for credit institutions under the BRRD, set in accordance with Article 45 of the BRRD (as transposed in the Kingdom of Spain), Commission Delegated Regulation (EU) 2016/1450 of 23 May 2016, supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the criteria relating to the methodology for setting the minimum requirement for own funds and eligible liabilities and any other Applicable Banking Regulations.
MREL means the minimum requirements for own funds and eligible liabilities from time to time pursuant to the Applicable MREL Regulation.
Examples of MREL in a sentence
Bidders are asked to explain how they would interpret and apply, in practice, the principles outlined in the MREL strategic framework.
Details are provided in an MREL strategic framework and business case [6, 7].
The Prosperity Fund is establishing a number of mechanisms and systems for monitoring, reporting, evaluation and learning (MREL).
In principle, although the Prosperity Fund Management Office is establishing an MREL team, it is expected that much of the MREL work will be carried out through a number of contractors.
More Definitions of MREL
MREL means the Minimum Requirement for own funds and Eligible Liabilities.
MREL means the minimum requirement for own funds and eligible liabilities as defined in Article 45(1) of Directive 2014/59/EU;
MREL means the "minimum requirement for own funds and eligible liabilities" for credit institutions under the BRRD, set in accordance with Article 45 of the BRRD (as transposed in Portugal), Commission Delegated Regulation (EU) 2016/1450 of 23 May 2016, supplementing the BRRD, or any successor requirement under EU legislation and relevant implementing legislation and regulation in Portugal;
MREL means the minimum requirement for own funds and eligible liabilities implemented by the BRRD (and consequently the Finnish Act on the Resolution of Credit Institutions and Investment Firms (in Finnish: Laki luottolaitosten ja sijoituspalveluyritysten kriisinratkaisusta, 1194/2014), as amended) and the SRM Regulation;
MREL means minimum requirement for own funds and eligible liabilities under BaSAG.
MREL means the “minimum requirement for own funds and eligible liabilities” for banking institutions under the Directive 2014/59/EU of the European Parliament and of the Council, establishing an EU-wide framework for the recovery and resolution of credit institutions and investment firms, as set in accordance with Article 45 of such Directive (as transposed in article 459 of the Belgian Banking Law) and Commission Delegated Regulation (C(2016) 2976 final) of 23 May 2016, as amended or replaced from time to time (including by national legislation transposing or implementing Directive (EU) 2019/879 of the European Parliament and of the Council of 20 May 2019).
MREL means the "minimum requirement for own funds and eligible liabilities" for credit institutions under the BRRD, as implemented in Spain (including, but not limited to, by Law 11/2015, Royal Decree 1012/2015 and any other implementing regulations), set in accordance with Article 45 et seq. of the BRRD, the CRR, Commission Delegated Regulation (EU) 2016/1450 of 23 May 2016, supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the criteria relating to the methodology for setting the minimum requirement for own funds and Eligible Liabilities, or any successor requirement under EU legislation and relevant implementing legislation and regulation in Spain.