EBU Single Rulebook Q&A 2 September 2015 2015_2267 Further elaboration on the definition of remaining maturity of eligible liabilities

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European Union · · · 02-09-2015

How shall remaining maturity be determined in case of deposits that can be withdrawn at any time? Directive 2014/59/EU (BRRD) in Article 45(4) stipulates that for the purpose of inclusion in eligible liabilities meeting MREL the maturity of eligible liabilities shall be the first date where a right for early reimbursement arises.

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