The Single Resolution Board has published updated operational guidance for banks on separability and transferability for transfer tools, following its public consultation and aligning the guidance with resolvability self-assessment requirements. The revision does not add new deliverables, but provides operational support through an operational framework for transfer playbooks and an annex on testing intended to help banks demonstrate the expected capabilities. The updated materials simplify several sections and apply greater proportionality in response to consultation feedback. The guidance targets key challenges identified in banks’ previously submitted deliverables, sets out a streamlined approach with clarified expectations for separability analysis, and includes a comprehensive manual for developing transfer playbooks designed to reduce execution risks.
Single Resolution Board 2026-02-23
Single Resolution Board updates separability and transferability guidance with transfer playbook framework and testing annex without new deliverables
The Single Resolution Board has released updated operational guidance for banks on separability and transferability, aligning with resolvability self-assessment requirements. The guidance simplifies sections, applies greater proportionality, and includes a manual for transfer playbooks to address execution risks. It aims to support banks in demonstrating expected capabilities without introducing new deliverables.