The Single Resolution Board has published its planned consultations, data requests and bank deliverables for 2027, introducing measures to simplify resolution planning as banks progress on resolvability. From 2027, bank-specific deliverables will move from annual submissions to a three-year cycle where no material resolvability concerns exist, advancing the SRB’s previously outlined approach to making the framework more proportionate and predictable without reducing oversight. The SRB has also discontinued with immediate effect the quarterly sign-off form on the eligibility of liabilities for the minimum requirement for own funds and eligible liabilities. The 2027 list covers public consultations and industry engagement, data and administrative requests, deliverables under the new cycle, and Single Resolution Fund contribution requests. It sets out all items that could potentially apply, while each bank has received tailored requirements through its priority letter.
Single Resolution Board publishes 2027 industry work plan and shifts eligible bank deliverables to a three-year cycle
The Single Resolution Board has published its planned industry consultations, requests and deliverables for 2027. Bank-specific deliverables will move to a three-year submission cycle where no material resolvability concerns exist, while the quarterly sign-off form on MREL eligibility has been discontinued immediately.