Guidelines for institutions and resolution authorities on improving resolvability
- Status: Final and translated into the EU official languages
The Guidelines for institutions and resolution authorities on improving resolvability aim to implement existing international standards on resolvability and take stock of the best practices so far developed by EU resolution authorities on resolvability topics. In particular, these Guidelines set-out requirements to improve resolvability in the areas of Operational Continuity in Resolution, Access to FMIs, Funding and liquidity in resolution, bail-in execution, business reorganisation and communication.
In June 2023, EBA amended these guidelines to introduce a section on resolvability testing. These amending guidelines 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.