LegalizeCommission Implementing Regulation (EU) 2021/763 of 23 April 2021 laying down implementing technical standards for the application of Regulation (EU) No 575/2013 of the European Parliament and of the Council and Directive 2014/59/EU of the European Parliament and of the Council with regard to the supervisory reporting and public disclosure of the minimum requirement for own funds and eligible liabilities (Text with EEA relevance)
| Columns | Legal references and instructions |
|---|---|
| 0010 – 0030 | Issuing entity Where the information is reported with reference to a resolution group, the entity of the group that issued the respective instrument shall be indicated. Where the information is reported, with reference to a single resolution entity, the issuing entity shall be the reporting entity itself. |
| 0010 | Name Name of the entity that issued the own funds instrument or the eligible liability instrument |
| 0020 | Code Code of the entity that issued the own funds instrument or the eligible liability instrument. The code as part of a row identifier must be unique for each reported entity. For institutions, the code shall be the LEI code. For other entities the code shall be the LEI code, or if not available, a national code. The code shall be unique and used consistently across the templates and across time. The code shall always have a value. |
| 0030 | Type of code The institutions shall identify the type of code reported in column 0020 as a ‘LEI code’ or ‘Non-LEI code’. The type of code shall always be reported. |
| 0040 | Contract identifier The contract identifier of the instrument, such as CUSIP, ISIN or Bloomberg identifier for private placement, shall be reported. This item is part of the row identifier. |
| 0050 | Governing law (third country) The third country (countries other than the countries of the EEA) the law of which governs the contract, or parts of the contract, shall be indicated. |
| 0060 | Contractual recognition of write down and conversion powers It shall be indicated whether the contract contains the contractual terms referred to in Article 55(1) of Directive 2014/59/EU, Article 52(1), points (p) and (q), and Article 63, points (n) and (o), of Regulation (EU) No 575/2013. |
| 0070 – 0080 | Regulatory treatment |
| 0070 | Type of own funds or eligible liabilities Type of own funds or eligible liabilities, as which the instrument qualifies at the reference date. Transitional provisions on the eligibility of instruments shall be taken into consideration. Instruments that qualify for multiple capital classes shall be reported once per applicable capital class. The type of own funds or eligible liabilities shall be one of the following: — CET1 — Additional Tier 1 — Tier 2 — Eligible liabilities |
| 0080 | Instrument type The type of instrument to be specified depends on the governing law under which it is issued. In case of CET1 instruments, the type of instrument shall be selected from the list of CET1 instruments published by the EBA pursuant to Article 26(3) of Regulation (EU) No 575/2013. In case of own funds other than CET1, and eligible liabilities, the type of instrument shall be selected from a list of corresponding instruments published by EBA, competent authorities or resolution authorities, where such list is available. Where no list is available, the reporting entity shall specify the type of instruments itself. |
| 0090 | Amount The amount recognised in own funds or eligible liabilities shall be reported considering the level the report refers to, in case of instruments included at multiple levels. The amount shall be the amount relevant at the reference date, considering the effect of transitional provisions. |
| 0100 – 0110 | Rank in normal insolvency proceedings The ranking of the instrument in normal insolvency proceedings shall be specified. It shall consist of the two letter ISO code of the country the law of which governs the ranking of the contract (column 0100), which shall be the law of a Member State, and the number of the relevant insolvency rank (column 0110). The relevant insolvency rank shall be determined based on the insolvency rankings published by resolution or other authorities, where such a standardised list is available. |
| 0120 | Maturity The maturity of the instrument shall be reported in the following format: dd/mm/yyyy. In case of perpetual instruments, the cell shall be left empty. |
| 0130 | (First) Call date Where the issuer possesses a call option, the first date at which the call can be exercised shall be reported. If the first call date has occurred prior to the reference date, that date shall be reported if the call is still exercisable. If it is not exercisable anymore, the next date at which the call be exercised shall be reported. In case of issuer call options with unspecified exercise date or call options triggered by specific events, the conservatively estimated likely call date shall be reported. Regulatory or tax calls options shall not be considered for the purposes of this column. |
| 0140 | Regulatory call (Y/N) It shall be indicated whether the issuer possesses a call option exercisable upon the occurrence of a regulatory event affecting the eligibility of the contract to MREL. |
ANNEX III
Part I: Single Data Point Model
All data items set out in Annexes I and II shall be transformed into a single data point model which shall be the basis for uniform IT systems of institutions, competent authorities and resolution authorities.
The single data point model shall meet the following criteria:
- (a) it provides a structured representation of all data items set out in Annex I;
- (b) it identifies all the business concepts set out in Annexes I and II;
- (c) it provides a data dictionary identifying table labels, ordinate labels, axis labels, domain labels, dimension labels and member labels;
- (d) it provides metrics which define the property or amount of data points;
- (e) it provides data point definitions that are expressed as a composition of characteristics that univocally identify the concept;
- (f) it contains all the relevant technical specifications necessary for developing IT reporting solutions producing uniform supervisory data.
Part II: Validation rules
The data items set out in Annexes I and II shall be subject to validation rules ensuring data quality and consistency.
The validation rules shall meet the following criteria:
- (a) they define the logical relationships between relevant data points;
- (b) they include filters and preconditions that define a set of data to which a validation rule applies;
- (c) they check the consistency of the reported data;
- (d) they check the accuracy of the reported data;
- (e) they set default values to be applied where the relevant information has not been reported.
ANNEX IV
Standardised presentation of insolvency rankings
National insolvency ranking
Member State:
| *Rank* 2 | Name | Description | Legal basis | Comments |
|---|---|---|---|---|
| 1 | ||||
| 2 | ||||
| 3 | ||||
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| 20 | ||||
2
(1)
The ranking starts with the most junior ranking instruments and items. If there are less than 20 different insolvency ranks in the jurisdiction, the rows corresponding to the non-existing insolvency ranks shall be left empty
ANNEX V
DISCLOSURE ON MREL/TLAC - TEMPLATES
| Template code | Name of the template |
|---|---|
| EU KM2 | Key metrics - MREL and, where applicable, G-SII requirement for own funds and eligible liabilities |
| EU TLAC1 | Composition - MREL and, where applicable, G-SII requirement for own funds and eligible liabilities |
| EU iLAC | Internal loss absorbing capacity: internal MREL and, where applicable, requirement for own funds and eligible liabilities for non-EU G-SIIs |
| EU TLAC2 | Creditor ranking - Entity that is not a resolution entity |
| EU TLAC3 | Creditor ranking - resolution entity |
EU KM2: Key metrics - MREL and, where applicable, G-SII requirement for own funds and eligible liabilities
| a | b | c | d | e | f | ||
|---|---|---|---|---|---|---|---|
| Minimum requirement for own funds and eligible liabilities (MREL) | G-SII Requirement for own funds and eligible liabilities (TLAC) | G-SII Requirement for own funds and eligible liabilities (TLAC) | G-SII Requirement for own funds and eligible liabilities (TLAC) | G-SII Requirement for own funds and eligible liabilities (TLAC) | G-SII Requirement for own funds and eligible liabilities (TLAC) | ||
| T | T | T-1 | T-2 | T-3 | T-4 | ||
| Own funds and eligible liabilities, ratios and components | Own funds and eligible liabilities, ratios and components | Own funds and eligible liabilities, ratios and components | Own funds and eligible liabilities, ratios and components | Own funds and eligible liabilities, ratios and components | Own funds and eligible liabilities, ratios and components | Own funds and eligible liabilities, ratios and components | Own funds and eligible liabilities, ratios and components |
| 1 | Own funds and eligible liabilities | ||||||
| EU-1a | Of which own funds and subordinated liabilities | ||||||
| 2 | Total risk exposure amount of the resolution group (TREA) | ||||||
| 3 | Own funds and eligible liabilities as a percentage of the TREA | ||||||
| EU-3a | Of which own funds and subordinated liabilities | ||||||
| 4 | Total exposure measure (TEM) of the resolution group | ||||||
| 5 | Own funds and eligible liabilities as percentage of the TEM | ||||||
| EU-5a | Of which own funds or subordinated liabilities | ||||||
| 6a | Does the subordination exemption in Article 72b(4) of Regulation (EU) No 575/2013 apply? (5 % exemption) | ||||||
| 6b | Aggregate amount of permitted non-subordinated eligible liabilities instruments if the subordination discretion in accordance with Article 72b(3) of Regulation (EU) No 575/2013 is applied (max 3,5 % exemption) | ||||||
| 6c | If a capped subordination exemption applies in accordance with Article 72b (3) of Regulation (EU) No 575/2013, the amount of funding issued that ranks pari passu with excluded liabilities and that is recognised under row 1, divided by funding issued that ranks pari passu with excluded liabilities and that would be recognised under row 1 if no cap was applied (%) | ||||||
| Minimum requirement for own funds and eligible liabilities (MREL) | Minimum requirement for own funds and eligible liabilities (MREL) | Minimum requirement for own funds and eligible liabilities (MREL) | Minimum requirement for own funds and eligible liabilities (MREL) | Minimum requirement for own funds and eligible liabilities (MREL) | Minimum requirement for own funds and eligible liabilities (MREL) | Minimum requirement for own funds and eligible liabilities (MREL) | Minimum requirement for own funds and eligible liabilities (MREL) |
| EU-7 | MREL expressed as a percentage of the TREA | ||||||
| EU-8 | Of which to be met with own funds or subordinated liabilities | ||||||
| EU-9 | MREL expressed as a percentage of the TEM | ||||||
| EU-10 | Of which to be met with own funds or subordinated liabilities |
EU TLAC1 – Composition – MREL and, where applicable, G-SII requirement for own funds and eligible liabilities
| a | b | c | ||
|---|---|---|---|---|
| Minimum requirement for own funds and eligible liabilities (MREL) | G-SII requirement for own funds and eligible liabilities (TLAC) | Memo item: Amounts eligible for the purposes of MREL, but not of TLAC | ||
| Own funds and eligible liabilities and adjustments | Own funds and eligible liabilities and adjustments | Own funds and eligible liabilities and adjustments | Own funds and eligible liabilities and adjustments | Own funds and eligible liabilities and adjustments |
| 1 | Common Equity Tier 1 capital (CET1) | |||
| 2 | Additional Tier 1 capital (AT1) | |||
| 3 | Empty set in the EU | |||
| 4 | Empty set in the EU | |||
| 5 | Empty set in the EU | |||
| 6 | Tier 2 capital (T2) | |||
| 7 | Empty set in the EU | |||
| 8 | Empty set in the EU | |||
| 11 | Own funds for the purpose of Articles 92a of Regulation (EU) No 575/2013 and 45 of Directive 2014/59/EU | |||
| Own funds and eligible liabilities: Non-regulatory capital elements | Own funds and eligible liabilities: Non-regulatory capital elements | Own funds and eligible liabilities: Non-regulatory capital elements | Own funds and eligible liabilities: Non-regulatory capital elements | Own funds and eligible liabilities: Non-regulatory capital elements |
| 12 | Eligible liabilities instruments issued directly by the resolution entity that are subordinated to excluded liabilities (not grandfathered) | |||
| EU-12a | Eligible liabilities instruments issued by other entities within the resolution group that are subordinated to excluded liabilities (not grandfathered) | |||
| EU-12b | Eligible liabilities instruments that are subordinated to excluded liabilities issued prior to 27 June 2019 (subordinated grandfathered) | |||
| EU-12c | Tier 2 instruments with a residual maturity of at least one year to the extent they do not qualify as Tier 2 items | |||
| 13 | Eligible liabilities that are not subordinated to excluded liabilities (not grandfathered pre-cap) | |||
| EU-13a | Eligible liabilities that are not subordinated to excluded liabilities issued prior to 27 June 2019 (pre-cap) | |||
| 14 | Amount of non subordinated eligible liabilities instruments, where applicable after application of Article 72b (3) CRR | |||
| 15 | Empty set in the EU | |||
| 16 | Empty set in the EU | |||
| 17 | Eligible liabilities items before adjustments | |||
| EU-17a | Of which subordinated liabilities items | |||
| Own funds and eligible liabilities: Adjustments to non-regulatory capital elements | Own funds and eligible liabilities: Adjustments to non-regulatory capital elements | Own funds and eligible liabilities: Adjustments to non-regulatory capital elements | Own funds and eligible liabilities: Adjustments to non-regulatory capital elements | Own funds and eligible liabilities: Adjustments to non-regulatory capital elements |
| 18 | Own funds and eligible liabilities items before adjustments | |||
| 19 | (Deduction of exposures between multiple point of entry (MPE) resolution groups) | |||
| 20 | (Deduction of investments in other eligible liabilities instruments) | |||
| 21 | Empty set in the EU | |||
| 22 | Own funds and eligible liabilities after adjustments | |||
| EU-22a | Of which: own funds and subordinated liabilities | |||
| Risk-weighted exposure amount and leverage exposure measure of the resolution group | Risk-weighted exposure amount and leverage exposure measure of the resolution group | Risk-weighted exposure amount and leverage exposure measure of the resolution group | Risk-weighted exposure amount and leverage exposure measure of the resolution group | Risk-weighted exposure amount and leverage exposure measure of the resolution group |
| 23 | Total risk exposure amount (TREA) | |||
| 24 | Total exposure measure (TEM) | |||
| Ratio of own funds and eligible liabilities | Ratio of own funds and eligible liabilities | Ratio of own funds and eligible liabilities | Ratio of own funds and eligible liabilities | Ratio of own funds and eligible liabilities |
| 25 | Own funds and eligible liabilities as a percentage of TREA | |||
| EU-25a | Of which own funds and subordinated liabilities | |||
| 26 | Own funds and eligible liabilities as a percentage of TEM | |||
| EU-26a | Of which own funds and subordinated liabilities | |||
| 27 | CET1 (as a percentage of the TREA) available after meeting the resolution group’s requirements | |||
| 28 | Institution-specific combined buffer requirement | |||
| 29 | of which capital conservation buffer requirement | |||
| 30 | of which countercyclical buffer requirement | |||
| 31 | of which systemic risk buffer requirement | |||
| EU-31a | of which Global Systemically Important Institution (G-SII) or Other Systemically Important Institution (O-SII) buffer | |||
| Memorandum items | Memorandum items | Memorandum items | Memorandum items | Memorandum items |
| EU-32 | Total amount of excluded liabilities referred to in Article 72a(2) of Regulation (EU) No 575/2013 |
EU ILAC – Internal loss absorbing capacity: internal MREL and, where applicable, requirement for own funds and eligible liabilities for non-EU G-SIIs
| a | b | c | ||
|---|---|---|---|---|
| Minimum requirement for own funds and eligible liabilities (internal MREL) | Non-EU G-SII requirement for own funds and eligible liabilities (internal TLAC) | Qualitative information | ||
| Applicable requirement and level of application | Applicable requirement and level of application | Applicable requirement and level of application | Applicable requirement and level of application | Applicable requirement and level of application |
| EU-1 | Is the entity subject to a non-EU G-SII requirement for own funds and eligible liabilities? (Y/N) | |||
| EU-2 | If EU-1 is answered by 'Yes', is the requirement applicable on a consolidated or individual basis? (C/I) | |||
| EU-2a | Is the entity subject to an internal MREL? (Y/N) | |||
| EU-2b | If EU-2a is answered by 'Yes', is the requirement applicable on a consolidated or individual basis? (C/I) | |||
| Own funds and eligible liabilities | Own funds and eligible liabilities | Own funds and eligible liabilities | Own funds and eligible liabilities | Own funds and eligible liabilities |
| EU-3 | Common Equity Tier 1 capital (CET1) | |||
| EU-4 | Eligible Additional Tier 1 capital | |||
| EU-5 | Eligible Tier 2 capital | |||
| EU-6 | Eligible own funds | |||
| EU-7 | Eligible liabilities | |||
| EU-8 | of which permitted guarantees | |||
| EU-9a | (Adjustments) | |||
| EU-9b | Own funds and eligible liabilities items after adjustments | |||
| Total risk exposure amount and total exposure measure | Total risk exposure amount and total exposure measure | Total risk exposure amount and total exposure measure | Total risk exposure amount and total exposure measure | Total risk exposure amount and total exposure measure |
| EU-10 | Total risk exposure amount (TREA) | |||
| EU-11 | Total exposure measure (TEM) | |||
| Ratio of own funds and eligible liabilities | Ratio of own funds and eligible liabilities | Ratio of own funds and eligible liabilities | Ratio of own funds and eligible liabilities | Ratio of own funds and eligible liabilities |
| EU-12 | Own funds and eligible liabilities as a percentage of the TREA | |||
| EU-13 | of which permitted guarantees | |||
| EU-14 | Own funds and eligible liabilities as a percentage of the TEM | |||
| EU-15 | of which permitted guarantees | |||
| EU-16 | CET1 (as a percentage of the TREA) available after meeting the entity’s requirements | |||
| EU-17 | Institution-specific combined buffer requirement | |||
| Requirements | Requirements | Requirements | Requirements | Requirements |
| EU-18 | Requirement expressed as a percentage of the TREA | |||
| EU-19 | of which part of the requirement that may be met with a guarantee | |||
| EU-20 | Requirement expressed as percentage of the TEM | |||
| EU-21 | of which part of the requirement that may be met with a guarantee | |||
| Memorandum items | Memorandum items | Memorandum items | Memorandum items | Memorandum items |
| EU-22 | Total amount of excluded liabilities referred to in Article 72a(2) of Regulation (EU) No 575/2013 |
EU TLAC2a: Creditor ranking - Entity that is not a resolution entity
| Insolvency ranking | Insolvency ranking | Insolvency ranking | Insolvency ranking | Insolvency ranking | Insolvency ranking | Insolvency ranking | Sum of 1 to n | ||
|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | 2 | 2 | … | n | n | Sum of 1 to n | ||
| (most junior) | (most junior) | (most senior) | (most senior) | Sum of 1 to n | |||||
| Resolution entity | Other | Resolution entity | Other | … | Resolution entity | Other | Sum of 1 to n | ||
| 1 | Empty set in the EU | ||||||||
| 2 | Description of insolvency rank (free text) | ||||||||
| 3 | Liabilities and own funds | ||||||||
| 4 | of which excluded liabilities | ||||||||
| 5 | Liabilities and own funds less excluded liabilities | ||||||||
| 6 | Subset of liabilities and own funds less excluded liabilities that are own funds and eligible liabilities for the purpose of [choose as a appropriate: internal MREL/internal TLAC] | ||||||||
| 7 | of which residual maturity ≥ 1 year < 2 years | ||||||||
| 8 | of which residual maturity ≥ 2 year < 5 years | ||||||||
| 9 | of which residual maturity ≥ 5 years < 10 years | ||||||||
| 10 | of which residual maturity ≥ 10 years, but excluding perpetual securities | ||||||||
| 11 | of which perpetual securities |
EU TLAC2b: Creditor ranking - Entity that is not a resolution entity
| Insolvency ranking | Insolvency ranking | Insolvency ranking | Insolvency ranking | Insolvency ranking | Insolvency ranking | Insolvency ranking | Sum of 1 to n | ||
|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | 2 | 2 | … | n | n | Sum of 1 to n | ||
| (most junior) | (most junior) | (most senior) | (most senior) | Sum of 1 to n | |||||
| Resolution entity | Other | Resolution entity | Other | … | Resolution entity | Other | Sum of 1 to n | ||
| 1 | Empty set in the EU | ||||||||
| 2 | Description of insolvency rank (free text) | ||||||||
| 3 | Empty set in the EU | ||||||||
| 4 | Empty set in the EU | ||||||||
| 5 | Empty set in the EU | ||||||||
| 6 | Own funds and eligible liabilities for the purpose of internal MREL | ||||||||
| 7 | of which residual maturity ≥ 1 year < 2 years | ||||||||
| 8 | of which residual maturity ≥ 2 year < 5 years | ||||||||
| 9 | of which residual maturity ≥ 5 years < 10 years | ||||||||
| 10 | of which residual maturity ≥ 10 years, but excluding perpetual securities | ||||||||
| 11 | of which perpetual securities |
EU TLAC3a: creditor ranking - resolution entity
| Insolvency ranking | Insolvency ranking | Insolvency ranking | Insolvency ranking | Sum of 1 to n | ||
|---|---|---|---|---|---|---|
| 1 | 2 | … | n | Sum of 1 to n | ||
| (most junior) | (most senior) | Sum of 1 to n | ||||
| 1 | Description of insolvency rank (free text) | |||||
| 2 | Liabilities and own funds | |||||
| 3 | of which excluded liabilities | |||||
| 4 | Liabilities and own funds less excluded liabilities | |||||
| 5 | Subset of liabilities and own funds less excluded liabilities that are own funds and liabilities potentially eligible for meeting [choose as a appropriate: MREL/TLAC] | |||||
| 6 | of which residual maturity ≥ 1 year < 2 years | |||||
| 7 | of which residual maturity ≥ 2 year < 5 years | |||||
| 8 | of which residual maturity ≥ 5 years < 10 years | |||||
| 9 | of which residual maturity ≥ 10 years, but excluding perpetual securities | |||||
| 10 | of which perpetual securities |
EU TLAC3b: creditor ranking - resolution entity
| Insolvency ranking | Insolvency ranking | Insolvency ranking | Insolvency ranking | Sum of 1 to n | ||
|---|---|---|---|---|---|---|
| 1 | 2 | … | n | Sum of 1 to n | ||
| (most junior) | (most senior) | Sum of 1 to n | ||||
| 1 | Description of insolvency rank (free text) | |||||
| 2 | Empty set in the EU | |||||
| 3 | Empty set in the EU | |||||
| 4 | Empty set in the EU | |||||
| 5 | Own funds and liabilities potentially eligible for meeting MREL | |||||
| 6 | of which residual maturity ≥ 1 year < 2 years | |||||
| 7 | of which residual maturity ≥ 2 year < 5 years | |||||
| 8 | of which residual maturity ≥ 5 years < 10 years | |||||
| 9 | of which residual maturity ≥ 10 years, but excluding perpetual securities | |||||
| 10 | of which perpetual securities |
ANNEX VI
DISCLOSURE ON THE MINIMUM REQUIREMENT FOR OWN FUNDS AND ELIGIBLE LIABILITIES – INSTRUCTIONS
1. General instructions: Structure and conventions
1.1. Structure
- 1.This framework for disclosures on MREL and TLAC consists of three groups of templates:
- (a) MREL and TLAC of resolution groups and resolution entities;
- (b) MREL and TLAC of non-resolution entities and material subsidiaries of non-EU global systemically important institutions (G-SIIs);
- (c) creditor ranking of issuing entities.
- 2.For each template legal references are provided. Further detailed information regarding more general aspects of the reporting of each set of templates and instructions concerning specific positions are included in this Annex.
1.2. Abbreviations
- 3.The following abbreviations apply for the purposes of the Annexes to this Regulation:
- (a) ‘MREL’ refers to the minimum requirement for own funds and eligible liabilities pursuant to Article 45 of Directive 2014/59/EU;
- (b) ‘TLAC’ refers to the requirement for own funds and eligible liabilities for G-SIIs pursuant to Article 92a of Regulation (EU) No 575/2013;
- (c) ‘Internal TLAC’ refers to the requirement for own funds and eligible liabilities for non-EU G-SIIs pursuant to Article 92b of Regulation (EU) No 575/2013;
- (d) ‘Internal MREL’ refers to the MREL applied to entities that are not themselves resolution entities pursuant to Article 45f of Directive 2014/59/EU.
2. EU KM2: Key metrics – MREL and, where applicable, G-SII requirement for own funds and eligible liabilities
- 4.Entities shall explain in the narrative accompanying the template any material difference between the own funds amounts disclosed and the IFRS 9 fully loaded amount at the resolution group level. They shall also explain any material difference between the IFRS 9 fully loaded amount at the resolution group level compared to the IFRS 9 fully loaded amount at prudential group level.
| Columns | Legal references and instructions |
|---|---|
| a | Entities shall disclose in this column the relevant information on MREL in accordance with Articles 45 and 45e of Directive 2014/59/EU. Entities shall disclose the value as of the end of the disclosure period. |
| b to f | Entities that are G-SIIs subject to the TLAC requirement pursuant to Article 92a of Regulation (EU) No 575/2013 shall disclose in these columns the relevant information on that requirement. Disclosure periods T, T-1, T-2, T-3 and T-4 are quarterly periods. Entities shall disclose the dates corresponding to the disclosure periods. Entities disclosing this information on a quarterly basis shall provide data for periods T, T-1, T-2, T-3 and T-4; entities disclosing this information on a semi-annual basis shall provide data for periods T, T-2 and T-4; and entities disclosing this information on an annual basis shall provide data for periods T and T-4 |
| Rows | Legal references and instructions |
| --- | --- |
| 1 | Own funds and eligible liabilities Equal to the values disclosed in disclosure template EU TLAC1 row 22. |
| EU-1a | Own funds and eligible liabilities – of which own funds and subordinated liabilities Equal to the value disclosed in disclosure template EU TLAC1 row EU-22a. Own funds, eligible liabilities included in the amount of own funds and eligible liabilities pursuant to Article 45b of Directive 2014/59/EU which are subordinated eligible instruments as defined in Article 2(1), point (71b), of that Directive and liabilities included in the amount of own funds and eligible liabilities pursuant to Article 45b(3) of Directive 2014/59/EU. In case of instruments governed by the law of a third country, the instrument shall only be included in this row if it meets the requirements set out in Article 55 of Directive 2014/59/EU. |
| 2 | Total risk exposure amount (TREA) of the resolution group Equal to the value disclosed in disclosure template EU TLAC1 row 23. Article 45(2), point (a), of Directive 2014/59/EU, Article 92(3) of Regulation (EU) No 575/2013. |
| 3 | Own funds and eligible liabilities as a percentage of the TREA Equal to the values disclosed in disclosure template EU TLAC1 row 25. For the purposes of this row, the amount of own funds and eligible liabilities that is disclosed in row 1 shall be expressed as a percentage of the total risk exposure amount calculated in accordance with Article 92(3) of Regulation (EU) No 575/2013. |
| EU-3a | Own funds and eligible liabilities as a percentage of the TREA – of which own funds and subordinated liabilities Equal to the value disclosed in disclosure template EU TLAC1 row EU-25a. For the purposes of this row, the amount of own funds and subordinated eligible liabilities that is presented in row EU-1a shall be expressed as a percentage of the total risk exposure amount calculated in accordance with Article 92(3) of Regulation (EU) No 575/2013. |
| 4 | Total exposure measure (TEM) of the resolution group Equal to the value disclosed in disclosure template EU TLAC1 row 24. Article 45(2), point (b), of Directive 2014/59/EU, Article 429(4) and Article 429a of Regulation (EU) No 575/2013. |
| 5 | Own funds and eligible liabilities as a percentage of the TEM Equal to the value disclosed in disclosure template EU TLAC1 row 26. For the purposes of this row, the amount of own funds and eligible liabilities that is presented in row 1 shall be expressed as a percentage of the total exposure measure calculated in accordance with Article 429(4) and Article 429a of Regulation (EU) No 575/2013. |
| EU-5a | Own funds and eligible liabilities as a percentage of the TEM – of which own funds and subordinated liabilities Equal to the value disclosed in disclosure template EU TLAC1 row EU-26a. For the purposes of this row, the amount of own funds and subordinated eligible liabilities that is presented in row EU-1a shall be expressed as a percentage of the total exposure measure calculated in accordance with Article 429(4) and Article 429a of Regulation (EU) No 575/2013 |
| 6a | Does the subordination exemption in Article 72b(4) of Regulation (EU) No 575/2013 apply? (5 % exemption) This row shall only be disclosed by entities subject to the requirement for own funds and eligible liabilities for G-SIIs. If the resolution authority permits liabilities to qualify as eligible liabilities instruments in accordance with Article 72b(4) of Regulation (EU) No 575/2013, the reporting entity shall indicate ‘yes’. If the resolution authority does not permit liabilities to qualify as eligible liabilities instruments in accordance with Article 72b(4) of Regulation (EU) No 575/2013, the resolution group or resolution entity shall indicate ‘no’. As exemptions in Article 72b(3) and (4) of Regulation (EU) No 575/2013 are mutually exclusive, this row shall be left empty if the reporting entity has filled in row 6b. |
| 6b | Aggregate amount of permitted non-subordinated eligible liabilities instruments if the subordination discretion in accordance with Article 72b(3) of Regulation (EU) No 575/2013 is applied (max 3,5 % exemption) This row shall only be disclosed by entities subject to the G-SII requirement for own funds and eligible liabilities. Aggregate amount of non-subordinated eligible liabilities instruments which the resolution authority has permitted to qualify as eligible liabilities instruments for the purposes of TLAC pursuant to Article 72b(3) of Regulation (EU) No 575/2013. As exemptions in Article 72b(3) and (4) of Regulation (EU) No 575/2013 are mutually exclusive, this row shall be left empty if the entity indicates ‘yes’ in row 6a. |
| 6c | If a capped subordination exemption applies in accordance with Article 72b(3) of Regulation (EU) No 575/2013, the amount of funding issued that ranks pari passu with excluded liabilities and that is recognised under row 1, divided by funding issued that ranks pari passu with excluded liabilities and that would be recognised under row 1 if no cap was applied (%) This row shall only be disclosed by entities subject to the G-SII requirement for own funds and eligible liabilities. This row informs the owners of senior debt issued by the resolution entity about the percentage of non-excluded senior debt that has been considered eligible, so that, where applicable, they will be able to apply the deductions regime set out in Article 72e of Regulation (EU) No 575/2013. Where a capped subordination exemption applies under Article 72b(3) of Regulation (EU) No 575/2013, entities shall report: (a) the amount of funding issued that ranks pari passu with excluded liabilities as referred to in Article 72a(2) of Regulation (EU) No 575/2013 and is included in the amount presented in row 1; (b) divided by the amount of funding issued that ranks pari passu with excluded liabilities as referred to in Article 72a(2) of Regulation (EU) No 575/2013 and that would be recognised under row 1 if no cap was applied. |
| Minimum requirement for own funds and eligible liabilities (MREL) | |
| EU-7 | MREL expressed as a percentage of the TREA The entity’s minimum requirement for own funds and eligible liabilities as determined by the resolution authority in accordance with Article 45e of Directive 2014/59/EU, expressed as a percentage of the total risk exposure amount calculated in accordance with Article 92(3) of Regulation (EU) No 575/2013. |
| EU-8 | MREL expressed as a percentage of the TREA – of which to be met with own funds or subordinated liabilities Where applicable, the part of MREL which, pursuant to Article 45b, paragraphs (4) to (8), of Directive 2014/59/EU, the resolution authority has required to be met using own funds, subordinated eligible instruments or liabilities as referred to in paragraph 3 of that Article, expressed as a percentage of the total risk exposure amount calculated in accordance with Article 92(3) of Regulation (EU) No 575/2013. |
| EU-9 | MREL expressed as a percentage of the TEM The reporting entity’s minimum requirement for own funds and eligible liabilities as determined by the resolution authority in accordance with Article 45e of Directive 2014/59/EU, expressed as a percentage of the total exposure measure calculated in accordance with Article 429(4) and Article 429a of Regulation (EU) No 575/2013. |
| EU-10 | MREL expressed as a percentage of the TEM – of which to be met with own funds or subordinated liabilities Where applicable, the part of MREL which, pursuant to Article 45b, paragraphs (4) to (8), of Directive 2014/59/EU, the resolution authority has required to be met using own funds, subordinated eligible instruments or liabilities as referred to in paragraph 3 of that Article, expressed as a percentage of the total exposure measure calculated in accordance with Article 429(4) and Article 429a of Regulation (EU) No 575/2013. |
3. EU TLAC 1: Composition – MREL and, where applicable, G-SII requirement for own funds and eligible liabilities
- 5.The own funds and eligible liabilities position related to the resolution group shall include only capital instruments and eligible liabilities issued by the resolution entity and, where compliant with Article 45b(3) of Directive 2014/59/EU or Article 88a of Regulation (EU) No 575/2013, as applicable, by subsidiaries of the resolution entity, at the exclusion of entities outside of the resolution group. Similarly, the own funds and eligible liabilities position is based on the total risk exposure amount (adjusted as permitted under Article 45h(2) of Directive 2014/59/EU) and total exposure measure calculated at the level of the resolution group.
- 6.Regarding the regulatory adjustments, entities shall disclose deductions from own funds and eligible liabilities as negative numbers and additions to own funds and eligible liabilities as positive numbers.
| Columns | Legal references and instructions |
|---|---|
| a | Entities shall disclose in this column the relevant information on MREL pursuant to Articles 45 and 45e of Directive 2014/59/EU. |
| b | Entities that are G-SIIs subject to a TLAC requirement pursuant to Article 92a of Regulation (EU) No 575/2013 shall disclose in this column the relevant information on that requirement. |
| c | This column shall only be filled in by entities subject to the TLAC requirement. This column shall reflect the difference between amounts applicable in the context of the requirement set out in Article 45 of Directive 2014/59/EU and the amounts applicable in the context of the requirement of Article 92a of Regulation (EU) No 575/2013. |
| Row | Legal references and instructions |
| --- | --- |
| 1 | Common Equity Tier 1 Capital (CET1) CET1 capital of the resolution group, calculated in accordance with Article 50 of Regulation (EU) No 575/2013. |
| 2 | Additional Tier 1 capital (AT1) AT1 capital of the resolution group, calculated in accordance with Article 61 of Regulation (EU) No 575/2013. In case of MREL, instruments governed by the law of a third country shall only be included in this row if they meet the requirements set out in Article 55 of Directive 2014/59/EU. |
| 6 | Tier 2 capital (T2) Tier 2 capital of the resolution group, calculated in accordance with Article 71 of Regulation (EU) No 575/2013. In case of MREL, instruments governed by the law of a third country shall only be included in this row if they meet the requirements set out in Article 55 of Directive 2014/59/EU. |
| 11 | Own funds for the purposes of Article 92a of Regulation (EU) No 575/2013 and Article 45 of Directive 2014/59/EU Own funds for the purposes of Article 92a of Regulation (EU) No 575/2013 and Article 45 of Directive 2014/59/EU, to be calculated as row 1 plus row 2 plus row 6. |
| 12 | Eligible liabilities instruments issued directly by the resolution entity that are subordinated to excluded liabilities (not grandfathered) MREL Eligible liabilities included in the amount of own funds and eligible liabilities pursuant to Article 45b of Directive 2014/59/EU which are subordinated eligible instruments as defined in Article 2(1), point (71b), of Directive 2014/59/EU and which are issued directly by the resolution entity. In case of instruments governed by the law of a third country, the instrument shall only be included in this row if it meets the requirements set out in Article 55 of Directive 2014/59/EU. TLAC Eligible liabilities which comply with all the requirements set out in Articles 72a to 72d of Regulation (EU) No 575/2013, at the exclusion of liabilities permitted to qualify as eligible liability instruments pursuant to Article 72b(3) or (4) of that Regulation, and which are issued directly by the resolution entity. This row shall neither include the amortised portion of Tier 2 instruments where the remaining maturity is greater than one year (Article 72a(1), point (b), of Regulation (EU) No 575/2013) nor eligible liabilities grandfathered under Article 494b of Regulation (EU) No 575/2013. |
| EU-12a | Eligible liabilities instruments issued by other entities within the resolution group that are subordinated to excluded liabilities (not grandfathered) MREL Eligible liabilities included in the amount of own funds and eligible liabilities pursuant to Article 45b of Directive 2014/59/EU that are issued by subsidiaries and included in MREL in accordance with Article 45b(3) of that Directive. In case of instruments governed by the law of a third country, the instrument shall only be included in this row if it meets the requirements set out in Article 55 of Directive 2014/59/EU. TLAC Eligible liabilities which comply with all the requirements set out in Articles 72a to 72d of Regulation (EU) No 575/2013, at the exclusion of liabilities permitted to qualify as eligible liability instruments pursuant to Article 72b(3) or (4) of that Regulation, that are issued by subsidiaries and qualify for inclusion in the consolidated eligible liabilities instruments of an entity pursuant to Article 88a of that Regulation (EU) No 575/2013. This row shall neither include the amortised portion of Tier 2 instruments where the remaining maturity is greater than one year (Article 72a(1), point (b), of Regulation (EU) No 575/2013) nor eligible liabilities grandfathered under Article 494b of Regulation (EU) No 575/2013. |
| EU-12b | Eligible liabilities instruments that are subordinated to excluded liabilities issued prior to 27 June 2019 (subordinated grandfathered) MREL Eligible liabilities that meet the following conditions: — they have been issued prior to 27 June 2019, — they are subordinated eligible instruments as defined in Article 2(1), point (71b), of Directive 2014/59/EU, — they are included in own funds and eligible liabilities as a result of Article 494b(3) of Regulation (EU) No 575/2013. In case of instruments governed by the law of a third country, the instrument shall only be included in this row if it meets the requirements set out in Article 55 of Directive 2014/59/EU. TLAC Liabilities that meet the following conditions: — they have been issued prior to 27 June 2019, — they comply with Article 72b(2), point (d), of Regulation (EU) No 575/2013, — they qualify as eligible liabilities as a result of the grandfathering set out in Article 494b(3) of Regulation (EU) No 575/2013. |
| EU-12c | Tier 2 instruments with a residual maturity of at least one year to the extent they do not qualify as Tier 2 items Amortised portion of Tier 2 instruments where the remaining maturity is greater than one year (Article 72a(1), point (b), of Regulation (EU) No 575/2013). Only the amount not recognised in own funds, but meeting all eligibility criteria laid down Article 72b of Regulation (EU) No 575/2013 shall be presented in this row. In case of MREL, instruments governed by the law of a third country shall only be included in this row if they meet the requirements set out in Article 55 of Directive 2014/59/EU. |
| 13 | Eligible liabilities that are not subordinated to excluded liabilities (not grandfathered pre-cap) MREL Liabilities that comply with the conditions set out in Article 45b of Directive 2014/59/EU and that are not wholly subordinated to claims arising from excluded liabilities referred to in Article 72a(2) of Regulation (EU) No 575/2013. In case of instruments governed by the law of a third country, the instrument shall only be included in this row if it meets the requirements set out in Article 55 of Directive 2014/59/EU. TLAC Eligible liabilities which comply with the requirements set out in Articles 72a to 72d of Regulation (EU) No 575/2013, except for Article 72b(2), point (d), of that Regulation, and which could be permitted to qualify as eligible liability instruments pursuant to Article 72b(3) of that Regulation or are permitted to qualify as eligible liabilities instruments pursuant to Article 72b(4) of that Regulation. Where Article 72b(3) of Regulation (EU) No 575/2013 or Article 494(2) of Regulation (EU) No 575/2013 applies, the full amount without application of the 3,5 % and 2,5 % cap respectively shall be disclosed in this row. This row shall not include any amount recognisable on a transitional basis in accordance with Article 494b(3) of Regulation (EU) No 575/2013. |
| EU-13a | Eligible liabilities that are not subordinated to excluded liabilities issued prior to 27 June 2019 (pre-cap) MREL Eligible liabilities that meet the following conditions: — they were issued prior to 27 June 2019, — they comply with the conditions set out in Article 45b of Directive 2014/59/EU and are not wholly subordinated to claims arising from excluded liabilities referred to in Article 72a(2) of Regulation (EU) No 575/2013, — they qualify as eligible liabilities as a result of the grandfathering set out in Article 494b(3) of Regulation (EU) No 575/2013. In case of instruments governed by the law of a third country, the instrument shall only be included in this row if it meets the requirements set out in Article 55 of Directive 2014/59/EU. TLAC Eligible liabilities which meet the following conditions: — they were issued prior to 27 June 2019, — they comply with the requirements set out in Articles 72a to 72d of Regulation (EU) No 575/2013, except for Article 72b(2), point (d), of that Regulation, and could be permitted to qualify as eligible liability instruments pursuant to Article 72b(3) of that Regulation or are permitted to qualify as eligible liabilities instruments pursuant to Article 72b(4) of Regulation (EU) No 575/2013, — they qualify as eligible liabilities as a result of the grandfathering set out in Article 494b(3) of Regulation (EU) No 575/2013. Where Article 72b(3) of Regulation (EU) No 575/2013 or Article 494(2) of Regulation (EU) No 575/2013 applies, the full amount without application of the 3,5 % and 2,5 % cap respectively shall be reported in this row. |
| 14 | Amount of non subordinated eligible liabilities instruments, where applicable after the application of Article 72b(3) of Regulation (EU) No 575/2013 MREL This row shall equal rows 13 plus row EU-13a. TLAC Where Article 72b(3) of Regulation (EU) No 575/2013 is applied, this row shows the sum of the amounts disclosed in rows 13 and 13a above after the application of Article 72b(3) and Article 494(2), respectively, of that Regulation. Where Article 72b(3) of Regulation (EU) No 575/2013 is not applied, but the entity benefits from the application of Article 72b(4) of Regulation (EU) No 575/2013, this row shall equal rows 13 plus row EU-13a. |
| 17 | Eligible liabilities items before adjustments Eligible liabilities items before adjustments. To be calculated as row 12 plus row EU-12a plus row EU-12b plus row EU-12c plus row 14. |
| EU-17a | Eligible liabilities items before adjustments – of which subordinated liabilities items MREL Eligible liabilities included in the amount of own funds and eligible liabilities pursuant to Article 45b of Directive 2014/59/EU which are subordinated eligible instruments as defined in Article 2(1), point (71b), of that Directive, and liabilities issued by subsidiaries that are included in MREL in accordance with Article 45b(3) of that Directive. In case of instruments governed by the law of a third country, the instrument shall only be included in this row if it meets the requirements set out in Article 55 of Directive 2014/59/EU. TLAC Eligible liabilities which comply with all the requirements set out in Articles 72a to 72d of Regulation (EU) No 575/2013, at the exclusion of liabilities permitted to qualify as eligible liability instruments pursuant to Article 72b(3) or (4) of that Regulation. This row shall include subordinated liabilities that are eligible as a result of the grandfathering in accordance with Article 494b of Regulation (EU) No 575/2013 and the amortised portion of Tier 2 instruments where remaining maturity is greater than one year (Article 72a(1), point (b), of Regulation (EU) No 575/2013). To be calculated as row 12 plus row EU-12a plus row EU-12b plus row EU-12c. |
| 18 | Own funds and eligible liabilities items before adjustments Own funds and eligible liabilities items before adjustments. To be calculated as row 11 plus row 17. |
| 19 | (Deduction of exposures between multiple point of entry (MPE) resolution groups) Negative amount Deductions of exposures between MPE G-SII resolution groups, that correspond to direct, indirect or synthetic holdings of own funds instruments or eligible liabilities instruments of one or more subsidiaries which do not belong to the same resolution group as the resolution entity, in accordance with Article 72e(4) of Regulation (EU) No 575/2013. |
| 20 | (Deduction of investments in other eligible liabilities instruments) Negative amount TLAC Deductions of investments in other eligible liabilities instruments in accordance with Article 72e(1),(2) and (3), and Articles 72f to 72j of Regulation (EU) No 575/2013. Amount to be deducted from eligible liabilities items in accordance with Part Two, Title I, Chapter 5a, Section 2, of Regulation (EU) No 575/2013. MREL and TLAC This row shall also include amounts covered by a permission to call, redeem, repay or repurchase eligible liabilities instruments in accordance with Article 78a of Regulation (EU) No 575/2013, to the extent the disclosing entity has not yet used up that amount to call, redeem, repay or repurchase instruments. |
| 22 | Own funds and eligible liabilities after adjustments Own funds and eligible liabilities as defined in Article 72l of Regulation (EU) No 575/2013. To be calculated as row 18 plus row 19 plus row 20. MREL The amount of own funds and eligible liabilities counting towards MREL shall be disclosed as the sum of: (i) own funds as set out in Article 4(1), point (118), and Article 72 of Regulation (EU) No 575/2013; (ii) eligible liabilities as defined in Article 2(1), point (71a), of Directive 2014/59/EU. In case of instruments governed by the law of a third country, the instrument shall only be included in this row if it meets the requirements set out in Article 55 of Directive 2014/59/EU. TLAC The amount of own funds and eligible liabilities counting towards TLAC shall be the amount referred to in Article 72l of Regulation (EU) No 575/2013, consisting of: (i) own funds as set out in Article 4(1), point (118), and Article 72 of Regulation (EU) No 575/2013; (ii) eligible liabilities as referred to in Article 72k of Regulation (EU) No 575/2013. |
| EU-22a | Of which own funds and subordinated liabilities Own funds and eligible liabilities included in the amount of own funds and eligible liabilities pursuant to Article 45b of Directive 2014/59/EU which are subordinated eligible instruments as defined in Article 2(1), point (71b), of that Directive, and liabilities included in the amount of own funds and eligible liabilities pursuant to Article 45b(3) of Directive 2014/59/EU. |
| 23 | Total risk exposure amount (TREA) Total risk exposure amount of the resolution group in accordance with Article 18(1), second subparagraph, of Regulation (EU) No 575/2013. The total risk exposure amount disclosed in this row shall be the total risk exposure amount which is the basis for compliance with the requirements set out in Article 45 of Directive 2014/59/EU or Article 92a of Regulation (EU) No 575/2013, as applicable. |
| 24 | Total exposure measure (TEM) According to Article 45(2), point (b), of Directive 2014/59/EU, the total exposure measure calculated in accordance with Article 429(4) and Article 429a of Regulation (EU) No 575/2013. The total exposure measure reported in this row shall be the total exposure measure which is the basis for compliance with the requirements of Article 45 of Directive 2014/59/EU or Article 92a of Regulation (EU) No 575/2013, as applicable. |
| 25 | Own funds and eligible liabilities as a percentage of the TREA For the purposes of this row, in accordance with Article 45(2), point (a), of Directive 2014/59/EU and Article 92a of Regulation (EU) No 575/2013, the amount of own funds and eligible liabilities counting towards MREL or TLAC, as applicable, shall be expressed as a percentage of the total risk exposure amount calculated in accordance with Article 92(3) of Regulation (EU) No 575/2013. To be calculated as row 22 divided by row 23. |
| EU-25a | Of which own funds and subordinated liabilities For the purposes of this row, the amount of own funds and subordinated eligible liabilities counting towards MREL shall be expressed as a percentage of the total risk exposure amount calculated in accordance with Article 92(3) of Regulation (EU) No 575/2013. To be calculated as row 22a divided by row 23. |
| 26 | Own funds and eligible liabilities as a percentage of the TEM For the purposes of this row, in accordance with Article 45(2), point (b), of Directive 2014/59/EU and Article 92a of Regulation (EU) No 575/2013, the amount of own funds and eligible liabilities counting towards MREL or TLAC, as applicable, shall be expressed as a percentage of the total exposure measure calculated in accordance with Article 429(4) and Article 429a of Regulation (EU) No 575/2013. To be calculated as row 22 divided by row 24. |
| EU-26a | Of which own funds and subordinated liabilities For the purpose of this row, the amount of own funds and subordinated eligible liabilities counting towards MREL shall be expressed as a percentage of the total exposure measure calculated in accordance with Article 429(4) and Article 429a of Regulation (EU) No 575/2013. To be calculated as row 22a divided by row 24. |
| 27 | CET1 (as a percentage of the TREA) available after meeting the resolution group’s requirements The amount of CET1, as a percentage of the total risk exposure amount, equal to zero or positive, available after meeting each of the requirements referred to in Article 141a, points (a), (b) and (c), of Directive 2013/36/EU and the higher of: (a) where applicable, the G-SII requirement for own funds and eligible liabilities laid down in Article 92a of Regulation (EU) No 575/2013, when calculated in accordance with paragraph (1), point (a), of that Article; and (b) the minimum requirement for own funds and eligible liabilities laid down in Article 45 of Directive 2014/59/EU, when calculated in accordance with paragraph (2), point (a), of that Article. The disclosed figure shall be identical in both MREL and TLAC columns. It shall take into account the effect of transitional provisions on the own funds and eligible liabilities, the total risk exposure amount and the requirements themselves. Neither the guidance on additional own funds as referred to in Article 104b of Directive 2013/36/EU nor the combined buffer requirement set out in Article 128, first paragraph, point (6), of that Directive shall be considered. |
| 28 | Institution-specific combined buffer requirement Institution-specific combined buffer requirement defined in Article 128, first paragraph, point (6), of Directive 2013/36/EU, expressed as a percentage of the total risk exposure amount, applicable to the resolution group in accordance with the first paragraph, point (6), of that Article. |
| 29 | Institution-specific combined buffer requirement – of which capital conservation buffer requirement The amount of the institution specific combined buffer (expressed as a percentage of the total risk exposure amount) that relates to the capital conservation buffer requirement. |
| 30 | Institution-specific combined buffer requirement – of which countercyclical buffer requirement The amount of the institution specific combined buffer (expressed as a percentage of the total risk exposure amount) that relates to the countercyclical buffer requirement. |
| 31 | Institution-specific combined buffer requirement – of which systemic risk buffer requirement The amount of the institution specific combined buffer (expressed as a percentage of the total risk exposure amount) that relates to the systemic risk buffer requirement. |
| EU-31a | Institution-specific combined buffer requirement – of which Global Systemically Important Institution (G-SII) or Other Systemically Important Institution (O-SII) buffer The amount of the institution specific combined buffer (expressed as a percentage of the total risk exposure amount) that relates to the G-SII or O-SII buffer requirement. |
| EU-32 | Total amount of excluded liabilities referred to in Article 72a(2) of Regulation (EU) No 575/2013 |
4. EU ILAC: Internal loss absorbing capacity: internal MREL and, where applicable, requirement for own funds and eligible liabilities for non-EU G-SIIs (internal TLAC)
- 7.This template discloses own funds and eligible liabilities of entities that are not themselves resolution entities for the purposes of the requirement for own funds and eligible liabilities laid down in Article 45f of Directive 2014/59/EU (internal MREL) as well as the requirement for own funds and eligible liabilities for non-EU G-SIIs applicable to material subsidiaries of third country G-SIIs laid down in Article 92b of Regulation (EU) No 575/2013 (internal TLAC).
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