Impediments to resolvability – what is the status quo
58 Pages Posted: 27 Dec 2021
Date Written: December 21, 2021
This study develops on the status quo in relation to the assessment of resolvability of credit institutions and banking groups in the Banking Union and the removal of substantive impediments to their resolvability under the EU legal framework governing banking resolution, as in force, taking due account of the policies developed in that respect by the Single Resolution Board within the Single Resolution Mechanism.
The study was prepared by the Economic Governance Support Unit (EGOV) at the request of the Committee on Economic and Monetary Affairs (ECON).
Keywords: Banking Union, SRM Regulation, SRB, resolution planning, impediments to resolvability, resolution planning cycle (RPC), Expectations for Banks (document), bail-in playbooks, MREL policy
JEL Classification: G01, G21, G28, G33, K23, K33, N20, N24
Suggested Citation: Suggested Citation