The Single Resolution Board (SRB) today publishes an update to its operational guidance on operational continuity in resolution (OCIR). The guidance was published in July 2020, and provided clarification to banks on how to implement SRB expectations for operational continuity, as well as an indicative phasing-in timetable. The updated document gives more details on topics related to financial resilience and staffing (new sections 3.4.4 and 3.4.5).
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This note is aimed at reporting to the Eurogroup of 13 May 2024 on the Single Resolution Board’s (SRB) activities. It includes:
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Watch SRB Chair’s interview from 29 April 2024 with Bulgarian national television (in Bulgarian), as part of his country visit to Bulgaria.
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