Resolution Way

Product Information

We have published our policy on setting MREL and we disclose what MRELs we have set for the largest firms.

recognition would be unlawful under section 6 of the Human Rights Act 1998 (public authority not to act contrary to Human Rights Convention).

6 Companies in SE8 4NT, Resolution Way, London

is able to co-ordinate and communicate effectively within the firm, with the authorities and with the market. We work with HM Treasury (HMT). The way we work with them is documented in our Memorandum of Understanding.

Bail-in is one of the stabilisation tools available to the Bank as resolution authority under the Banking Act 2009. Bail-in ensures investors, rather than public funds, bear losses where a firm fails. The thing you need to remember is that every projector has a “native” resolution (sometimes called “true resolution”;). That’s the maximum number of pixels it can actually project. So an XGA resolution projector can only display 786,000 pixels at a time whereas a UXGA resolution projector can display 1,920,000 pixels and a native 4K resolution projector jumps all the way to 8,294,300 pixels. We conducted a sales process, in which the retail and wholesale deposits, branches and residential mortgages (other than social housing loans and related deposits) were transferred to Nationwide Building Society. The directors should include a statement with a copy that explains to the shareholders how to signal their approval. Likewise, the statement should clearly explain the timeline for response and when the deadline for passing the resolution lapses. The information provided to the Bank may be shared with HM Treasury given their role in deciding whether to approve the Bank’s recognition decision.The Resolvability Assessment Framework (RAF) is a policy framework that makes banks responsible for their preparations for resolution. The major UK banks need to disclose a summary of their preparations for resolution, with the Bank making its own public statement on these firms’ preparations. This will provide more transparency to investors and the public on these firms’ resolvability.