Institutions must reach an 8% total liabilities and own-funds threshold to access the Single Resolution Fund under the new framework.
85% confidence
EconomyEuropean Union
Omissions
The 8% threshold refers specifically to subordinated MREL resources as a percentage of Total Liabilities and Own Funds (TLOF), not the total MREL requirement itself
The SRF can only be accessed AFTER an 8% bail-in of total liabilities and own funds has been applied, not as a threshold for general access
The MEP omits that this is a bail-in precondition for using SRF funds in resolution, rather than a capital requirement to 'access' the fund in the traditional sense
The claim was made on 2026-03-25; the SRB MREL Policy 2024 is the relevant primary source
Sources
PrimarySingle Resolution Board - MREL Policy 2024Pillar 1 Banks' resolution authority must ensure that subordinated MREL resources are equal to at least 8% of total liabilities and own funds (TLOF)