Debt Office proposes new application of the Minimum Requirement for Own Funds and Eligible Liabilities (MREL)

Press release 2 July 2021

Today, the Swedish National Debt Office is submitting a consultation memorandum proposing the application of new rules under the Resolution Act (2015:1016) that pertain to the requirement for own funds and eligible liabilities.

On 1 July 2021, amendments to the Resolution Act entered into force that build on the so-called banking package established by the EU in 2019, entailing among other things amendments to the bank resolution and recovery directive.

The memorandum, which consists of an explanatory portion and a policy document (MREL policy), describes how the Debt Office proposes to apply the new rules. The MREL policy thereby replaces the Debt Office’s previous application and instructions.

The final day to reply to the consultation memorandum is 10 September 2021.

Read a more extensive news text here

Read the proposal here

Read about Financial stability

 

 

Press secretary

Åsa Elm, pressansvarig

The Debt Office's operations shall be characterized by an openness to the public and the media. The right of access to official business is a cornerstone of Swedish democracy.

Our press secretary helps you get in touch with the right person so that you can get your questions answered quickly and easily. The press secretary can also provide you with material, answer comprehensive questions about our business and upcoming publications.

Åsa Elm
Mobil: 076-100 63 56
E-mail: Åsa Elm
Press phone: 08-613 47 01 (office hours and occasionally in between)