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
Meet our Chair Dominique Laboureix at SRB's press breakfast. Get an on-the-record briefing covering a range of topics including:
- Latest developments in...
Join the celebration of the Single Resolution Mechanism’s 10th Anniversary Conference, hosted by the Single Resolution Board, on 15 October 2025 in...
This note is aimed at reporting to the Eurogroup of 4 November 2024 on:
- Progress on resolvability in the Banking Union;
- Implementation of the Vision...
Related news and press releases
SRB approach to the eligibility of UK law instruments without bail-in clauses after Brexit
The Single Resolution Board (SRB) has published a...
The Single Resolution Board (SRB) has published its Introduction to Resolution Planning. This publication describes the Single Resolution Mechanism ...
The Single Resolution Board (SRB), together with the Banking Union national resolution authorities (NRAs) publishes its 2018 policy statement on the...