Topic
Resolution Planning
212 published works
Restructuring Globalview
German Creditors Challenge Failure of Austrian Hypo Alpe- Adria- Bank
When Hypo Alpe-Adria Bank International AG (Hypo), the Austrian bank, failed in 2014, the Austrian Government paved the way for the establishment of Heta Asset Resolution AG (Heta) as a wind-down…
Restructuring Globalview
Institutions Failing or Likely to Fail – New EBA Guidelines
The European Banking Association (EBA) issued Guidelines on 26 May 2015 regarding the circumstances under which an institution is considered to be failing or likely to fail according to Article 32(6)…
Banking, Finance and Securities
EBA publishes technical standards and guidelines on simplified obligations
The European Banking Authority (EBA) has published final guidelines and final draft implementing technical standards (ITS) on the eligibility of institutions for simplified obligations in the context of recovery planning,…
Banking, Finance and Securities
EBA issues technical advice to the Commission on contributions to the Single Resolution Fund
The European Banking Authority (EBA) has published its technical advice to the European Commission on the criteria and principles that will be used to determine the uniform level of contributions…
Corporate & Financial Weekly Digest
UK PRA Consults on Application of Resolution Stays to Third-Country Agreements
On May 26, the UK Prudential Regulation Authority (PRA) published a consultation paper to require PRA-supervised firms covered by the EU Bank Resolution and Recovery Directive (BRRD) to include in…
Banking, Finance and Securities
EBA publishes guidelines on triggers for resolution
Article 32(6) of the Bank Recovery and Resolution Directive (BRRD) mandates the European Banking Authority (EBA) to issue guidelines to promote the convergence of supervisory and resolution practices regarding the…
Banking, Finance and Securities
Bank of England consultation on power to direct institutions to address impediments to resolvability
The Bank of England (BoE) has published a consultation paper setting out its proposed policy for exercising its power to direct institutions to address impediments to resolvability under section 3A…
Banking, Finance and Securities
EBA consults on the valuation of derivatives in resolution
Article 49 of the Bank Recovery and Resolution Directive (BRRD) sets out the conditions that resolution authorities must comply with when bailing in derivative liabilities. In particular resolution authorities will…
Other
FSB Plenary meets in Frankfurt, Germany
The Financial Stability Board (FSB) has issued a press release following its plenary meeting in Frankfurt on 26 March 2015. At the plenary meeting FSB members discussed a number of…
Banking, Finance and Securities
EBA consults on records of financial contracts
Amongst the resolution tools and powers foreseen by the Bank Recovery and Resolution Directive (BRRD) is the power of resolution authorities to temporarily suspend the termination rights of any party…