MREL Regulations definition

MREL Regulations means, at any time, the applicable laws, regulations, requirements, guidelines and policies giving effect to (i) MREL and (ii) additional requirements that may become applicable to the Issuer or the Group in connection with the implementation of the TLAC standard set forth in the FSB TLAC Term Sheet or any successor principles, including any relevant implementing legislation and regulation applicable in France.
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MREL Regulations means, at any time, the laws, regulations, requirements, guidelines and policies then in effect in Luxembourg giving effect to the “minimum requirement for own funds and eligible liabilities” ("MREL") applicable to banking institutions or any successor laws, regulations, requirements, guidelines and policies that may be applicable to the Issuer and/or the BIL Group, including, without limitation to the generality of the foregoing, CRD, the BRRD and/or the BRRD Amending Directive (whether or not such laws, regulations, requirements, guidelines or policies have the force of law and whether or not they are applied generally or specifically to the Issuer and/or the BIL Group).
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MREL Regulations means, at any time, the laws, regulations, requirements, standards, guidelines and policies relating to minimum requirement for own funds and eligible liabilities and/or loss absorbing capacity for credit institutions of either (i) the Swedish FSA and/or (ii) any other national or European authority, in each case then in effect in Sweden and applicable to SEK;
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Examples of MREL Regulations in a sentence

  • Future focus will be on recruitment and hiring practices for the organization to include a review of the Salary Administration Policy.The implementation of the succession module within the performance management system is currently underway.

  • It is the intention of the Issuer that the Senior Non-Preferred Notes shall be treated for regulatory purposes as MREL Eligible Instruments under the MREL Regulations but that the obligations of the Issuer and the rights of the Noteholders under the Senior Non-Preferred Notes shall not be affected if the Senior Non- Preferred Notes no longer qualify as MREL Eligible Instruments.

  • The European Commission has recently proposed directives and regulations intended to give effect to the FSB TLAC Term Sheet and to modify the requirements for MREL eligibility.While the terms of the second ranking senior debt securities may be consistent with the European Commission Proposals, these proposals have not yet been interpreted and when finally adopted the final Applicable TLAC/ MREL Regulations may be different from those set forth in these proposals.

  • The Senior Non-Preferred Notes are intended to be MREL Eligible Liabilities which are available to meet any MREL Requirement (however called or defined by the Applicable MREL Regulations then applicable) of the Issuer and the Group.

  • To the extent permitted by the MREL Regulations, it is the intention of the Issuer that the Senior Preferred Notes shall be treated for regulatory purposes as MREL Eligible Instruments under the MREL Regulations but that the obligations of the Issuer and the rights of the Noteholders under the Senior Preferred Notes shall not be affected if the Senior Preferred Notes no longer qualify as MREL Eligible Instruments.

  • The Senior Preferred Notes and the Senior Non-Preferred Notes are intended to be MREL Eligible Liabilities which are available to meet any MREL Requirement (however called or defined by the Applicable MREL Regulations then applicable) of the Issuer and the Group.

  • Therefore, the Senior Non-Preferred Notes, as so substituted or varied, may need to be made eligible as MREL in accordance with the then Applicable MREL Regulations and no assurance can be given that such substitution or variation will not adversely affect any particular Senior Non-Preferred Noteholder.

  • If none of these provisions are available to the employee unpaid leave will be granted.

  • Jane Vogel Engaging with Supervisor Hathaway to undermine Scio's Clerk and deprive her of the tools she needs to do her job.

  • To the extent permitted by the MREL Regulations, it is the intention of the Issuer that the Senior Non- Preferred Notes shall be treated for regulatory purposes as MREL Eligible Instruments under the MREL Regulations but that the obligations of the Issuer and the rights of the Noteholders under the Senior Non- Preferred Notes shall not be affected if the Senior Non-Preferred Notes no longer qualify as MREL Eligible Instruments.


More Definitions of MREL Regulations

MREL Regulations means, at any time, the applicable laws, regulations, requirements, guidelines and policies giving effect to (i) MREL and (ii) additional requirements that may become applicable to the Issuer in connection with the implementation of the TLAC standard set forth in the FSB TLAC Term Sheet or any successor principles, including any relevant implementing legislation and regulation in France. If there are separate laws, regulations, requirements, guidelines and policies giving effect to the principles described in (i) and (ii), then "MREL Regulations" shall mean all such regulations, requirements, guidelines and policies.
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MREL Regulations means, at any time, the laws, regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities and/or loss absorbing capacity instruments of the Republic of Cyprus, the Relevant Regulator and/or of the European Parliament or of the Council of the European Union then in effect in the Republic of Cyprus and applicable to the Issuer and/or any Regulatory Group of which the Issuer forms part including, without limitation to the generality of the foregoing, any delegated or implementing acts (such as regulatory technical standards) adopted by the European Commission and any regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities and/or loss absorbing capacity instruments adopted by the Relevant Regulator from time to time (whether such regulations, requirements, guidelines, rules, standards or policies are applied generally or specifically to the Issuer or to any Regulatory Group of which the Issuer forms part); and the MREL Regulations shall, if the Notes are Senior Non-Preferred Notes, be deemed to include any provision of any Ranking Legislation which relates to the requisite features of Secondary Unsecured Debts.
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Related to MREL Regulations

  • DOL Regulations The regulations promulgated by the DOL at 29 C.F.R.ss.2510.3-101.

  • General Regulations means the Charitable Incorporated Organisations (General) Regulations 2012.

  • Federal Regulations means those federal regulations relating to cable television services, 47 C.F.R. Section 76.1 et seq. (and, to the extent applicable, any other federal rules and regulations relating to cable television, including but not limited to, those described in 47 C.F.R. Section 76.3), or as such regulations may be amended.

  • Council Regulation means Council Regulation (EC) No. 2100/94 of 27th July 1994 on Community plant variety rights;

  • SEBI Regulations means the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 together with the circulars issued thereunder, including any statutory modification(s) or re-enactment(s) thereof for the time being in force.

  • Capital Regulations means, at any time, the regulations, requirements, guidelines and policies relating to capital adequacy of the FSA then in effect;

  • the 2000 Regulations means the Water Supply (Water Quality) Regulations 2000(b); "the 2001 Regulations" means the Water Supply (Water Quality) Regulations 2001(c);

  • UCITS Regulations means the European Communities Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 (S.I. No. 352 of 2011) (as amended consolidated or substituted from time to time) and any regulations or notices issued by the Central Bank pursuant thereto for the time being in force.

  • TUPE Regulations means the Transfer of Undertakings (Protection of Employment) Regulations 2006, as amended.

  • ISA Regulations means The Individual Savings Account Regulations 1998, as amended or replaced from time to time.

  • HIPAA Regulations means the regulations promulgated under HIPAA by the United States Department of Health and Human Services, including, but not limited to, 45 C.F.R. Part 160 and 45 C.F.R. Part 164 subparts A and E (“The Privacy Rule”) and the Security Standards as they may be amended from time to time, 45 C.F.R. Parts 160, 162 and 164, Subpart C (“The Security Rule”).

  • the 2001 Regulations means the Water Supply (Water Quality) Regulations 2001[63];

  • EP Regulations means The Environmental Permitting (England and Wales) Regulations SI 2016 No.1154 and words and expressions used in this permit which are also used in the Regulations have the same meanings as in those Regulations.

  • CFTC Regulations means the rules and regulations promulgated by the CFTC, as amended.

  • the 2012 Regulations means the Council Tax Reduction Schemes (Prescribed Requirements) (England) Regulations 2012;

  • the Council Regulation means Council Regulation (EC) No.1083/2006 laying down general provisions on the European Regional Development Fund, the European Social Fund and the Cohesion Fund and repealing Regulation (EC) No.1260/1999(5);

  • the 2007 Regulations means the Civil Enforcement of Parking Contraventions (England) General Regulations 2007;

  • Land Use Regulations means all ordinances, resolutions, codes, rules, regulations and official policies of CITY governing the development and use of land, including, without limitation, the permitted use of land, the density or intensity of use, subdivision requirements, the maximum height and size of proposed buildings, the provisions for reservation or dedication of land for public purposes, and the design, improvement and construction standards and specifications applicable to the development of the Property. “Land Use Regulations” does not include any CITY ordinance, resolution, code, rule, regulation or official policy, governing: