MREL
Defined in Article 3, Commission Delegated Regulation (EU) 2015/63
Uses as of 26/03/2015
Definitions over time (1)
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17/01/2015 – 06/06/2026 applies on 26/03/2015 Article 3, Commission Delegated Regulation (EU) 2015/63 Scope: Whole act
For the purposes of this Regulation, the definitions contained in Directive 2014/49/EU of the European Parliament and of the Council (^{1}) and Directive 2014/59/EU shall apply. For the purpose of this Regulation, the following definitions shall also apply:
‘MREL’ means the minimum requirement for own funds and eligible liabilities as defined in Article 45(1) of Directive 2014/59/EU;
Earlier definition records in this act (1)
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- Article 3(15) Historical · definitions end 17/01/2015