EBA Consultation Paper on ITS on disclosure and reporting of MREL and TLAC

24 February 2020

GBIC has answered the European Banking Authority's (EBA) consultation on technical implementation standard (ITS) on disclosure and reporting of MREL and TLAC. A uniform standard amongst domestic peers has not yet emerged, so a standardised approach, as suggested in the Consultation Paper,  is certainly welcome. Getting down to details, however, there are still numerous difficulties.

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