EU banks get operational guidance on documenting resolvability
( August 7, 2025, 09:01 GMT | Official Statement) -- MLex Summary: Operational guidance for banks on documenting how they could be wound up in a crisis was published today by the EU's resolution authority. The guidance introduces a standardized self-assessment report to help banks document their resolvability in a consistent manner. The revised framework reflects lessons from past crises, best practices and testing of banks’ capabilities, the Single Resolution Board said.Press release follows. Document attached....
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