SRB launches consultation on bank resolvability testing guidance

Article summary

The Single Resolution Board (SRB) has launched a consultation on its ‘Operational Guidance on Resolvability Testing for Banks’, which aims to ensure that European banks regularly test their capabilities to manage crises and implement resolution actions. The consultation integrates lessons learned from past crises and best practices to evaluate banks' readiness and resolvability. To support the consultation, the SRB plans to engage with the banking industry and other stakeholders to address any questions before the consultation period ends. Later in the year, the SRB plans to publish the final Operational Guidance on Resolvability Testing for Banks, along with a summary of industry feedback and its consideration in the final guidance. Contact information for the SRB's communications team is provided for further inquiries. Responses are sought by 5 May 2025.