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19 November 2025

Ahead Of The Curve: Developments In Requirements For MREL And The UK Bank Resolution Regime

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A&O Shearman

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A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets. This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength. Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations. Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
After our usual round up of recent developments, this session delved into UK bank resolution regime changes. In particular, in conjunction with the wider package of so-called Leeds...
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After our usual round up of recent developments, this session delved into UK bank resolution regime changes. In particular, in conjunction with the wider package of so-called Leeds Reforms announced by HMT in the summer, the Bank of England has settled its position on changes to minimum requirements for own funds and eligible liabilities (MREL) requirements for UK banks.

In this seminar, our experts discussed the reforms and other recent developments in relation to the UK's bank resolution regime, focusing on the impact for firms and steps which should be taken to ensure compliance ahead of the January 1, 2026 implementation date.

Watch the webinar.

View the slides.

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