Another #AcronymWednesday!

Today: #MREL. Minimum Required Funds and own Liabilities should be met by institutions established in the EU. It ensures an effective and credible application of resolution schemes, should the bank fail #bankingUnion

Learn more https://www.srb.europa.eu/en/content/mrel

🐦🔗: https://nitter.eu/EU_SRB/status/1524374214446395392