Guidelines on failing or likely to fail
- Status: Final and translated into the EU official languages
The Guidelines on the circumstances under which an institution shall be considered as ‘failing or likely to fail’ (triggers for resolution) ensure continuum between the on-going supervision conducted by national authorities in line with the CRD, and the Bank Recovery and Resolution Directive (BRRD). They aim at promoting convergence of supervisory and resolution practices in relation to how resolution should be triggered.