Topic
Resolution Planning
212 published works
Global Regulation Tomorrow
EBA consults on technical standards on reporting of MREL decisions
On 23 July 2020, the European Banking Authority (EBA) issued a public consultation on draft Implementing Technical Standards (ITS) specifying uniform reporting templates, instructions and methodology for the identification and…
Global Regulation Tomorrow
EBA calls on resolution authorities to consider the impact of COVID-19 on resolution strategies and resolvability assessments
On 9 July 2020, the European Banking Authority (EBA) published a statement on resolution planning in light of the COVID-19 pandemic. With this statement, the EBA intends to reiterate the…
Global Regulation Tomorrow
Clearing houses: Council Presidency and European Parliament reach political agreement on recovery and resolution
On 23 June 2020, the European Council issued a press release stating that its Presidency and the European Parliament had reached political agreement on a common set of rules for…
Global Regulation Tomorrow
EBA report on interlinkages between recovery and resolution planning
By Jochen Vester (UK), Simon Lovegrove (UK)
On 20 May 2020, the European Banking Authority (EBA) published a report, which assesses interlinkages between recovery and resolution planning under the Bank Recovery and Resolution Directive (BRRD), with the…
Global Regulation Tomorrow
Statement by the Bank of England and PRA on resolution measures and Covid-19
On 7 May 2020, the Bank of England (BoE) and the PRA announced changes to resolution measures which are designed to alleviate operational burdens on PRA regulated firms in response…
Global Regulation Tomorrow
SRB publishes its Expectations of Banks document
On 31 March 2020, the Single Resolution Board (SRB) published its Expectations for Banks document. The SRB has updated this document to reflect industry feedback and sets out the capabilities…
Global Regulation Tomorrow
HKMA issues consultation paper on rules for contractual stays on termination rights in non-Hong Kong law governed financial contracts
By Etelka Bogardi (HK), Amy Chung
The Hong Kong Monetary Authority (the HKMA) has published a consultation paper (the Consultation) on rules relating to contractual stays on termination rights in certain financial contracts (Stay Rules) for…
Global Regulation Tomorrow
EBA releases final chapter of handbook on valuation for purposes of resolution under BRRD
On 10 March 2020, the European Banking Authority (EBA) published a new chapter of its Handbook on valuation for the purposes of resolution. The new chapter replaces chapter 10 relating…
Global Regulation Tomorrow
US federal banking regulators issue final rules on prudential standards, liquidity and resolution planning
On Nov. 1, 2019, the US federal banking regulators published three final rules for both US banks and non-US banks with banking operations in the United States regarding prudential standards,…
Global Regulation Tomorrow
FSB’s Eighth Report on the Implementation of Resolution Reforms welcomes significant progress made, but gaps remain
On 14 November 2019, the Financial Stability Board (FSB) published its eighth report on the implementation of its resolution reforms. The report assesses FSB members’ progress in implementing the FSB’s…