EBA consults on Guidelines to institutions and resolution authorities on resolvability testing

15 November 2022

Metadata
Provider: 
EBAEBA
URL: 
https://www.eba.europa.eu/eba-consults-guidelines-institutions-and-resolution-authorities-resolvability-testinghttps://www.eba.europa.eu/eba-consults-guidelines-institutions-and-resolution-authorities-resolvability-testing
Retrieved on: 
Thursday, November 24, 2022
Information
Tags: 
Self-assessment, Policy, CET, EBA, European Banking Authority, Guideline, European, Ownership, Risk management
Summary
Key Points: 
  • 15 November 2022
    The European Banking Authority (EBA) today launched a public consultation on its draft Guidelines addressed to institutions and resolution authorities on resolvability testing.
  • The Guidelines aim to set-out a framework to ensure that resolvability capabilities developed to comply with the resolvability and transferability Guidelines are fit for purpose and effectively maintained.
  • Resolution authorities and banks should now move to the resolvability testing following several years of policy development by authorities and policy implementation by institutions.
  • These draft Guidelines complement the already published Guidelines for institutions and resolution authorities on improving banks resolvability and the draft Guidelines on transferability.
Copyright: 
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