The SRB has published an update of its communication on how banks can notify the authorities when bail-in recognition clauses cannot be added to contracts under third-country law, following the publication of the delegated and implementing acts.
The update concerns:
- Adequate references to the Level 2 legislation;
- A requirement for banks to submit notifications, if any, in XBRL;
- Some practical instructions for banks reporting categories of liabilities/contracts, in line with the EBA Reporting Framework 3.0.
Read the operational guidance here
Documents
Contact our communications team
Recent news
![](/sites/default/files/styles/col_sm_12_16x9/public/media/image/PRYZM_0014.jpg?itok=HacRKmH_)
The Single Resolution Board has today published its Annual Report for 2023. The report details the work of the SRB and highlights the progress made in...
Find out more about the SRB’s 2024 resolution planning cycle (RPC) in our new publication. The SRB launched the RPC for banks under its remit in April...
![2020-05-05 European Parliament b&w.jpg](/sites/default/files/styles/col_sm_12_16x9/public/media/image/ep_bw.png?itok=MzkzRHsI)
This note is aimed at reporting to the Eurogroup of 13 May 2024 on the Single Resolution Board’s (SRB) activities. It includes:
1) SRB’s key risk...
Related news and press releases
![](/sites/default/files/styles/col_sm_12_16x9/public/media/image/D.Laboureix%201.jpg?itok=roqnhe9L)
- Proposed legislative changes seen as important and pragmatic step forward
- ECB and SRB ready to provide technical input on proposals to ensure...
![](/sites/default/files/styles/col_sm_12_16x9/public/media/image/iStock-909045800.jpg?itok=Ze6OOZCF)
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...
![Operational guidance on the identification and mobilisation of collateral in resolution.png](/sites/default/files/styles/col_sm_12_16x9/public/media/image/Operational%20guidance%20on%20the%20identification%20and%20mobilisation%20of%20collateral%20in%20resolution.png?itok=569HEyJN)
The Single Resolution Board (SRB) publishes today its operational guidance on the identification and mobilisation of collateral in resolution. It is...