On 23 January 2025, the Single Resolution Board (SRB) updated its operational guidance on operational continuity in resolution (OCIR).
The update takes into account new EU legislative frameworks like the Digital Operational Resilience Act and other new measures such as the European Banking Authority’s guidelines on improving resolvability. The update also
On 16 January 2025, the European Banking Authority (EBA) issued its Peer Review on the application of proportionality under the Supervisory Review and Evaluation Process (SREP).
Proportionality is an important part of the SREP enabling Member State competent authorities (NCAs) to adapt the scope, frequency and intensity of the
On 18 December 2024, the European Commission updated its web page on the review of the Mortgage Credit Directive (MCD) by stating that the initiative had been suspended. The Commission previously issued a call for evidence between 22 November 2021 – 28 February 2022. The feedback given remains available for future reference. The
On 19 December 2024, the European Banking Authority (EBA) published a Handbook which provides best practices and high-quality methodologies and processes for the selection and appointment of independent valuers for resolution purposes in accordance with Articles 36 and 74 of the Bank Recovery and Resolution Directive. The Handbook identifies best practices for the
On 17 December 2024, the European Central Bank (ECB) published the results of its Supervisory Review and Evaluation Process (SREP) for 2024 and its Supervisory Priorities 2025-27.
The key message from the SREP 2024 is that the euro area banking sector remained resilient in 2024. On average, banks maintained solid capital
On 3 December 2024, the Single Resolution Board (SRB) issued a consultation on operational guidance for banks on resolvability self-assessment.
The purpose of the draft operational guidance is to guide banks under the SRB’s direct remit in their resolvability self-assessments. The self-assessment is an important supporting document to SRB resolution planning and has
On the 28 November 2024 the Single Resolution Board (SRB) published its list of public consultations, data requests and deliverables stemming from the Expectations for Banks planned over the course of 2025. The purpose of the list is to allow banks and other stakeholders to better allocate resources and to anticipate workload throughout
On 8 November 2024, the European Central Bank (ECB) issued a public consultation on revised policies which outline how the ECB will use the options and discretions available to supervisory authorities under EU banking law. The options and discretions relate to several prudential topics. These include the definition of own funds, how to
On 5 November 2024, the Single Resolution Board (SRB) issued guidance on the minimum bail-in data template.
The guidance provides for an integrated approach for implementing the SRB’s bail-in operational guidance by enhancing definitions and providing a template to ensure structured and standardised data collection. It also includes country-specific fields, as national resolution