EBA Publishes Second MREL Impact Assessment Report
The European Banking Authority (EBA) has released its second Impact Assessment Report on the minimum requirement for own funds and eligible liabilities (MREL). The report assesses the effects of the framework. MREL aims to ensure banks have sufficient loss-absorbing capacity in case of failure, protecting taxpayers and financial stability. The report's findings will inform ongoing discussions on potential refinements to the MREL framework.
EBA assesses impact of bank loss-absorption rules to protect taxpayers in bank failures.