Single Resolution Board launches consultation on updated liquidity and funding in resolution guidance for banks

The Single Resolution Board has opened a public consultation on a consolidated draft of its operational guidance for banks on liquidity and funding in resolution and related annexes. The draft updates existing expectations rather than adding new deliverables, drawing on the SRB’s practical experience in resolution planning and lessons from the 2023 banking turmoil, and sets out how banks should demonstrate their capabilities to manage liquidity and funding in resolution. The targeted amendments focus on four areas: the scope and standardised identification of Key Liquidity Entities, methodological assumptions for estimating liquidity needs in resolution, governance expectations for monitoring and reporting the liquidity situation, and collateral-related expectations. The guidance is intended for banks under the SRB’s direct remit where resolution is the preferred strategy, and the consolidated text brings together the SRB’s existing guidance on liquidity and funding estimation, liquidity measurement and reporting, and collateral identification and mobilisation. Comments are invited from the banking sector and other relevant stakeholders until 6 July 2026. The SRB will also engage with industry participants and other stakeholders during the consultation period to address questions before the deadline.