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MREL: EBA consults on draft ITS on transmission of information by resolution authorities

Wednesday 02 November 2016 Clifford Chance

The consultation covers the reporting of MREL requirements from resolution authorities to the EBA. Reporting by institutions to resolution or competent authorities falls outside of the consultation's scope. The consultation sets out proposals on templates for reporting the overall amount of MREL required from an institution, as well as each of the components of the MREL decision as foreseen in RTS on MREL. The proposed template is contained in an annex to the consultation.

Comments on the consultation are due by 21 November 2016.