Recovery, resolution and DGS
Directive 2014/59/EU (the Bank Recovery and Resolution Directive — BRRD) on crisis prevention, management and resolution assigns to the EBA the task to develop a wide range of Binding Technical Standards, Guidelines and reports on key areas of recovery and resolution, with the aim of ensuring effective and consistent procedures across the Union, in particular with respect to cross-border financial institutions. The ultimate objective of this framework is to enhance financial stability, reduce moral hazard, protect depositors and critical financial services, save public money and ensure the smooth functioning of the internal market for financial services. This framework is complemented by the ongoing review of the "deposit guarantee Directive", which also assigns rulemaking tasks to the EBA, and by other forthcoming regulatory initiatives on financial institutions other than banks.
Technical Standards, Guidelines & Recommendations
Opinions, Reports and other Publications