MREL

(redirected from Minimum Requirement for Own Funds and Eligible Liabilities)
AcronymDefinition
MRELMinimum Requirement for Own Funds and Eligible Liabilities (European Banking Authority)
MRELMining Resource Engineering Limited (Kingston, ON, Canada)
MRELMagnetic Resonance Engineering Laboratory (University of Southern California)
MRELMPEG Rights Expression Language (ISO)
References in periodicals archive ?
We understand from management that the bank is waiting for further clarification of the Bank of England's rules as to the manner in which the internal minimum requirement for own funds and eligible liabilities (MREL) is to be subordinated.
Britain's central bank, the Bank of England, revealed on Friday that it intends to carry out a consultation on its approach to setting a minimum requirement for own funds and eligible liabilities (MREL) for UK financial service providers, to minimise risks to financial stability and disruption to critical services and avoid government bail outs.
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