The objective of this Framework for Valuation is to provide independent valuers and the general public with an indication of the SRB’s expectations regarding the principles and methodologies for valuation reports as set out in the legal framework. This refers to the so-called Valuation 2 - either provisional or definitive, as the case may require – as well as Valuation 3.
The Framework for Valuation aims at reducing uncertainty for both the independent valuers and the SRB, providing indications that are necessary for achieving the goals of the valuation, subsequently enhancing comparability and consistency of valuations across future resolution cases.
The European Banking Authority (EBA) and the SRB have collaborated closely in their respective work on valuation. Additionally, the EBA and the SRB will continue to make progress together to define expectations towards the provision of accurate and timely information that is necessary for the performance of valuations in resolution.