Response to consultation on Report on the appropriate target level basis for resolution financing arrangements under BRRD

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Question 1: Do you think the report is missing any crucial criteria or arguments in favour or against a particular option?

see attached file

Question 2: Do you have a preference for one of the following recommended options?: (a) total liabilities (including own funds), (b) total liabilities excluding own funds, (c) total liabilities excluding own funds less covered deposits.

see attached file

Question 3: Is there any other option which would be preferable to those in the recommendation? Please provide the rationale supporting your view.

see attached file

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Name of organisation

Czech Banking Association