This publication contains the 2025 external minimum requirements for own funds and eligible liabilities (MRELs) for all firms with a resolution entity incorporated in the UK for which an MREL above minimum capital requirements (MCR) has been communicated.
Our approach to MREL disclosure is described below, including supporting assumptions and firm-specific information for bail-in and transfer preferred resolution strategy firms. Firm-specific MRELs are set out in Table A.