EBA highlights the importance of data and information preparedness to perform a valuation for resolution
The European Banking Authority (EBA) published today the Chapter on how resolution authorities should assess institutions’ management information systems, in the context of the resolvability assessment, to ensure that data and information are swiftly provided to support a robust valuation for resolution (valuation MIS). This Chapter, which is part of the EBA Handbook on valuation for purposes of resolution, aims at enhancing institutions’ preparedness in business as usual to support a timely and robust valuation in case of resolution.