The ‘Expectations for Banks’ document sets out the capabilities the SRB expects banks to demonstrate to show that they are resolvable. It describes best practice and sets benchmarks for assessing resolvability. It also provides clarity to the market on the actions that the SRB expects banks to take in order to demonstrate resolvability.
The Single Resolution Board (SRB) published its ‘Expectations for Banks’ document, along with an overview of SRB responses to the industry consultation, on 1 April 2020. The consultation took place between 23 October and 4 December 2019.
Expectations for banks
Related news and press releases
The banking turmoil in the US and Switzerland earlier this year had plenty of noteworthy aspects. First Republic Bank, which collapsed shortly after...
- Proposed legislative changes seen as important and pragmatic step forward
- ECB and SRB ready to provide technical input on proposals to ensure...
It is now a decade since the Liikanen Report was published. While the proposal for structural reform in the banking sector was not implemented in the...