Single Resolution Board publishes the list of consultations and requests to the industry for 2025

• The SRB renews its commitment to more predictability and transparency and aims to allow banks to better allocate resources and anticipate workload.

• The updated list reflects the SRB’s move to bank-led testing and its implementation of the lessons learned after the March 2023 crisis events, via increased emphasis on optionality of resolution tools and transfer strategies.

The Single Resolution Board (SRB) has today published the list of public consultations, data requests and deliverables stemming from the Expectations for Banks (EfB) planned over the course of 2025. 

Speaking in Brussels, SRB Chair Dominique Laboureix said: “A key element of our SRM Vision 2028 strategy is transparency. This includes providing full clarity on requests to the industry, which we are doing via this one-stop-shop list of all consultations and requests to the industry for a second year running.”

The list covers several types of consultations and requests to the industry: 

• public (voluntary) consultations on different policy topics that have a material impact on banks’ activities; 

• regular data requests and deliverables informing the assessment of bank resolvability and compliance with MREL requirements; 

• deliverables depending on the resolution strategy for the bank and its risk profile and;

• requests related to the calculation of administrative and SRF contributions.

Bank-specific or ad hoc requests issued by Internal Resolution Teams (IRTs) were excluded from this exercise. The frequency of updates for some requests and deliverables may decrease in the future. 

The SRB reserves the right to announce additional consultations and requests, with an appropriate notice period.

Upcoming consultations to the industry

2025 List of consultations and requests to the industry

PDF | 154.32 KB | Publishing date: 27/11/2024 | Decision date: 28/11/2024

In February 2025, the SRB will perform a target level verification exercise to determine whether the SRF target level meets the necessary threshold (at least 1% of the total amount of covered deposits held by the concerned institutions in all of the parti