QA2019-122 - Guidance

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Resolution Reporting Subject Matter Guidance
Guidance Documents Deposits
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QA2019-122

Question


According to MREL Policy 2018, deposits in "Deposits, not-covered and not-preferred" can be eligible for the MREL if the evidence can be provided that there are no redemption clauses. This evidence could be facilitated if a field "no redemption clauses" could be introduced at individual transaction level.


Response


Please fill in the date of the earliest redemption date, and in the absence of that the legal maturity.