EU SRB consultation on resolvability testing for banks emphasises the importance of banks regularly testing their capabilities to handle a resolution action in case of crisis.
Aims to ensure banks are regularly testing capabilities to implement resolution action.
Consultation incorporates lessons learned from past crises and best practice.
It is a key step to assess banks’ resolvability and readiness in case of crisis.
Later in 2025, SRB will issue final Operational Guidance on Resolvability Testing for Banks and summary of feedback and how it has been considered in the final guidance.
Effectiveness
The consultation runs from Mar. 17, 2025 to May 5, 2025.
