On 20 June 2024, the Single Resolution Board (SRB) issued a press release stating that it will produce new expectations on valuation capabilities including:

  • Banks under its remit setting up permanent valuation data repositories.
  • An enhanced and streamlined SRB valuation data set taking current regulatory initiatives into account.
  • Valuation playbooks.

The SRB will conduct a consultation on valuation capabilities in 2025. The work will be part of the Single Resolution Mechanism 2028 strategy which aims to ensure that all resolution strategies can be immediately operational should a bank fail.