EBA Consultation on draft RTS on criteria for determining the minimum requirement for own funds and eligible liabilities under Directive 2014/59/EU (BRRD) (EBA/CP/2014/41)

RTS aim to specify the criteria to set the minimum requirement for own funds and eligible liabilities (MREL) laid down in the BRRD and clarify how the institution’s capital requirements should be linked to the amount of MREL needed to absorb losses and, where necessary, recapitalise a firm after resolution.