Regulatory Alerts2024-06-06
Added · Updated
Commission Implementing Regulation (EU) 2024/1618 amending Implementing Regulation (EU) 2021/763 on supervisory reporting and public disclosure of MREL and TLAC
The European Commission amends Implementing Regulation (EU) 2021/763 to update supervisory reporting and public disclosure templates for the minimum requirement for own funds and eligible liabilities (MREL) and total loss-absorbing capacity (TLAC). The regulation replaces templates M 02.00, M 03.00, EU TLAC1, and EU ILAC, and updates Annexes II and VI to reflect new deduction requirements for intermediate entities and the impact of prior permissions to redeem eligible liabilities. These changes apply to entities subject to MREL or TLAC requirements under Regulation (EU) No 575/2013 and Directive 2014/59/EU. The regulation enters into force on the twentieth day following publication and applies from 27 December 2024.
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