EBA publishes final technical standards on estimation of Pillar 2 and combined buffer requirements for setting MREL (EBA/RTS/2020/14)

The EBA published its final draft RTS specifying the methodology to be used by resolution authorities to estimate the Pillar 2 (P2R) and CBR at resolution group level for the purpose of setting the MREL. These standards are part of the EBA's major programme of work to implement the BRRD and address the problem of too-big-to-fail banks.