This publication compiles the main elements that banks are expected to consider for establishing the required capabilities of Management Information Systems (MIS) in order to enable the timely and effective execution of the write-down and conversion of capital instruments and eligible liabilitie...
Under almost all European legislation, the detection of a polluted area gives rise - primarily and where possible-to an obligation to undertake safety and reclamation activity. In line with the "polluter pays" principle, as a matter of priority, it is the party responsible for the pollution that...
The minimum requirement for own funds and eligible liabilities (MREL) is set by resolution authorities to ensure that a bank maintains at all times sufficient eligible instruments to facilitate the implementation of the preferred resolution strategy. This paper sets out the SRB’s MREL policy, wh...