SRB launches its consultation on updated operational guidance on liquidity and funding in resolution

• The SRB plans to update its guidance on expectations for banks on liquidity and funding in resolution to incorporate lessons from practical application and the 2023 banking turmoil.

• While not contemplating new deliverables, key updates cover (i) the scope of Key Liquidity Entities (KLEs) and standard identification methods, (ii) methodological assumptions for banks to estimate liquidity needs, (iii) governance expectations on the liquidity situation and (iv) collateral-related expectations.

• The consultation will run until 6 July 2026.

The SRB has today opened a public consultation to the banking industry and relevant stakeholders on a consolidated version of its operational guidance for banks on liquidity and funding in resolution and its annexes. 

The operational guidance details how banks can demonstrate their capabilities in the field of liquidity and funding in resolution. It proposes some targeted amendments about existing expectations, while not contemplating new deliverables. It draws lessons from SRB experience in resolution planning and the 2023 banking turmoil. 

The consultation is open to the banking sector and other relevant stakeholders. To support the consultation process, the SRB will also engage with the banking industry and other relevant stakeholders to address any questions before the consultation period ends. 

The SRB invites comments on the SRB operational guidance and on the specific questions by 6 July 2026.

Access the public consultation