The SRB has published an update of its communication on how banks can notify the authorities when bail-in recognition clauses cannot be added to contracts under third-country law, following the publication of the delegated and implementing acts.
The update concerns:
- Adequate references to the Level 2 legislation;
- A requirement for banks to submit notifications, if any, in XBRL;
- Some practical instructions for banks reporting categories of liabilities/contracts, in line with the EBA Reporting Framework 3.0.
Read the operational guidance here
Documents
Contact our communications team
Recent news
On 24 April 2025, from 10:00 to 12:00, the Single Resolution Board (SRB) invites you to a technical meeting focused on resolvability testing for banks...
The Single Resolution Board (SRB) has published a public call for expressions of interest for the appointment of five new members to the SRB's Appeal...
Europe’s drive to simplify and streamline financial regulation is making top supervisors nervous about the risk of key safeguards being watered down. ...
Related news and press releases
The SRB publishes today guidance on solvent wind-down of derivatives and trading books in resolution, in line with its Expectations for Banks...
The Single Resolution Board (SRB) has today published the operational guidance on separability for partial transfer tools. This operational guidance...
The SRB has published an update of its communication on how banks can notify the authorities when bail-in recognition clauses cannot be added to...