Bank recovery and resolution

Bank recovery and resolution guidance:

Administration procedures overview The three administration procedures covered by this Practice Note (bank administration, building society special administration and...

Practice Note

Background to the BRRD This Practice Note summarises the core provisions included in the Bank Recovery and Resolution Directive 2014/59/EU (BRRD). The BRRD proposed a...

Practice Note

Purpose and application of BRRD technical standards and guidelines The Bank Recovery and Resolutions Directive 2014/59/EU (BRRD) mandates the European Banking Authority...

Practice Note

The US effort to end the ‘too-big-to-fail’ phenomenon which has seen controversial government support of the largest failing banks or other financial...

Practice Note

Financial services firms and insolvency provisions in FSMA 2000 The provisions in Part XXIV of the Financial Services and Markets Act 2000 (FSMA 2000) allow the...

Practice Note

Origins of Minimum Requirements for Own Funds and Eligible Liabilities The origins of Minimum Requirements for Own Funds and Eligible Liabilities (MREL) lie in the hard...

Practice Note

Brexit impact This Practice Note is impacted by the decision of the UK on 23 June 2016 to leave the European Union. The Bank Recovery and Resolution and Miscellaneous...

Practice Note

Banking Act 2009 The first outline proposals designed for the recovery and resolution of a failing financial institution were produced in the immediate aftermath of the...

Practice Note

Brexit impact This Practice Note is impacted by the decision of the UK on 23 June 2016 to leave the European Union. The Bank Recovery and Resolution and Miscellaneous...

Practice Note

Brexit impact This Practice Note is impacted by the decision of the UK on 23 June 2016 to leave the European Union. The Bank Recovery and Resolution and Miscellaneous...

Practice Note

Brexit impact This Practice Note is impacted by the decision of the UK on 23 June 2016 to leave the European Union. The Bank Recovery and Resolution and Miscellaneous...

Practice Note

This Practice Note contains information on Finance Act 2019 (FA 2019) which received Royal Assent on 12 February 2019. It is being retained for historic interest as it...

Practice Note

The origins of the Special Resolution Regime The special resolution regime for banks is found in the Banking Act 2009 (BA 2009). This Act replaced previous...

Practice Note

Background to the Credit Institutions (Reorganisation and Winding Up) Directive Proposal The Credit Institutions (Reorganisation and Winding Up) Directive (Directive...

Practice Note

Origins of TLAC The origins of the international concept of total loss absorbing capacity (TLAC) lie in the lessons learned during the financial crisis. When the crisis...

Practice Note

The Banking Resolution and Recovery Directive (2014/59/EU) (BRRD) outlines the European Union (EU) recovery and resolution process for credit institutions and investment...

Practice Note