Topic
Resolution Planning
212 published works
Global Regulation Tomorrow
SRB work programme for 2020
On 28 October 2019, the Single Resolution Board (SRB) published its work programme for 2020. The SRB’s priorities for 2020 are structured around the following five strategic areas: strengthening resolvability.…
Global Regulation Tomorrow
SRB consults on expectations for banks 2019
On 23 October 2019, the Single Resolution Board (SRB) launched a public consultation on a draft document setting out its expectations for banks. The document outlines best practice on key…
Global Regulation Tomorrow
PRA Policy Statement on strengthening individual accountability: resolution assessments and reporting amendments
By Arup Sen, Imogen Garner (UK)
On 27 September 2019, the PRA published Policy Statement 20/19: strengthening individual accountability – resolution assessments and reporting amendments (PS20/19). In PS20/19 the PRA sets out its final policy in…
Global Regulation Tomorrow
Hong Kong: The HKMA introduces a new Resolution Facility for banks
By Etelka Bogardi (HK), Amy Chung
On 26 August 2019, the Hong Kong Monetary Authority (HKMA) announced that it has completed a review of its framework for the provision of Hong Kong dollar liquidity (the Liquidity…
Global Regulation Tomorrow
BoE and PRA finalise the Resolvability Assessment Framework
By Jochen Vester (UK), Simon Lovegrove (UK)
On 30 July 2019, the Bank of England (BoE) and the PRA published the Resolvability Assessment Framework (RAF).The RAF builds on the work done since the financial crisis and sets…
Global Regulation Tomorrow
SRB publishes paper on public interest assessment
On 3 July 2019, the Single Resolution Board (SRB) published a paper outlining its approach to public interest assessment. The identification of public interest is a necessary pre-condition for taking…
Global Regulation Tomorrow
PRA consults on resolution assessments and reporting amendments
By Joe Bamford (UK), Matthew Gregory (UK)
On 7 June 2019, the PRA published Consultation Paper 12/19: Strengthening individual accountability: resolution assessments and reporting amendments (CP12/19). In CP12/19 the PRA proposes amending: Rule 4.1.(10) in the Allocation…
Global Regulation Tomorrow
FSB discussion paper on public disclosures on resolution planning and resolvability
On 3 June 2019, the Financial Stability Board (FSB) published a discussion paper on public disclosures on resolution planning and resolvability. The discussion paper explores how general and firm specific…
Global Regulation Tomorrow
FSB reports on thematic review on resolution regimes
On 29 April 2019, the Financial Stability Board (FSB) published a report on its thematic review on bank resolution planning. The report evaluates the implementation by FSB jurisdictions of the…
MoFo ReEnforcement: The Enforcement Blog
Federal Reserve and FDIC Issue Proposed Changes to Resolution Plan Requirements for Foreign and Domestic Banking Organizations
By Henry Fields, Marc-Alain Galeazzi, Oliver Ireland, Jiang Liu, Barbara Mendelson, Meghan Dwyer, Mark Sobin
On April 8 and 16, 2019, the Federal Reserve and the FDIC published proposed changes to resolution plan (or “living will”) requirements applicable to U.S. and foreign banking organizations. The…