The Single Resolution Board has issued operational guidance for banks on resolvability self-assessment, introducing a standardised self-assessment report and template intended to anchor resolvability assessments in structured bank-led reporting and more rigorous testing. The approach forms part of the SRM Vision 2028 strategy and uses a revised methodology drawing on lessons from crisis cases, best practice and the testing of banks’ capabilities. The self-assessment is set out as a structured questionnaire covering the seven resolvability dimensions in the Expectations for Banks and describes the capabilities banks should have in place to execute resolution measures in a crisis. Following a public consultation running from 3 December 2024 to 7 February 2025, the framework was adjusted to reduce administrative burden, including a 20% reduction in the number of resolvability capabilities, a move to reporting every two years and less granular reporting, notably for testing activities. The first self-assessment report under the new format should reflect the position as at 31 December 2025 and is expected to be submitted by 31 January 2026 at the latest. Complementary operational guidance on the testing framework is due later in 2025, and the self-assessment report may be subject to targeted amendments as further policies and guidance are developed.
Single Resolution Board 2025-08-07
Single Resolution Board publishes operational guidance for banks’ resolvability self-assessments with 20% fewer capabilities and biennial reporting
The Single Resolution Board has released operational guidance for banks on resolvability self-assessment, introducing a standardized report and template as part of the SRM Vision 2028 strategy. The revised framework reduces administrative burden by 20% and shifts to biennial reporting with less granular testing requirements. The first report under this new format is due by 31 January 2026, with additional guidance on the testing framework expected later in 2025.