Legal News

EBA publishes amendments to MREL and TLAC disclosures and reporting

Published on: 21 December 2023
Published by LNB News

LNB News 21/12/2023

Document Information

Issue Date: 21 December 2023

Published Date: 21 December 2023

Jurisdiction(s): Eire and European Union

Article summary

The European Banking Authority (EBA) has published its final draft implementing technical standards (ITS) on amendments to disclosure and reporting of the minimum requirement for own funds and eligible liabilities (MREL) and the total loss absorbency requirement (TLAC). The amendments reflect the new requirement to deduct investments in eligible liabilities instruments of entities belonging to the same resolution group, the so called ‘daisy chain’ framework, and other changes to the prudential framework. The amendments will apply for the reference date of June 2024.

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