The EBA updates technical standards to streamline resolution planning and strengthen cooperation in resolution colleges

The European Banking Authority (EBA) today published its updated final draft Regulatory Technical Standards (RTS) on resolution plans and on the functioning of resolution colleges. The revisions aim to simplify and refocus resolution planning while improving the effectiveness of cooperation and coordination among authorities.

Drawing on more than a decade of practical experience, as well as insights from crisis cases and simulation exercises, the EBA has completed a comprehensive review of the RTS on resolution plans and resolution colleges, adopted in 2016 and combined under Delegated Regulation (EU) 2016/1075. The updated standards revise both the structure and the content of resolution plans and enhance the operational framework for resolution colleges for cross‑border groups.

Key changes to the RTS on resolution plans and resolvability assessments include:

• A more consistent and concise set of essential information for plan summaries
• More proportionate and focused plan content, tailored to the specificities of each institution or group.
• A clearer separation between the resolution strategy selection and the assessment of resolvability.
• A reorganised resolvability assessment structured around seven core dimensions to ensure greater consistency and effectiveness across the EU.

Key updates to the RTS on resolution colleges aim to:

• Simplify processes to reduce administrative burden.
• Improve cooperation and information exchange among authorities involved in planning and execution.
• Strengthen coordination mechanisms for the implementation of resolution schemes.

Legal basis

Under the Bank Recovery and Resolution Directive (BRRD) - Directive 2014/59/EU - the EBA is mandated to specify the content of resolution plans (Articles 10 and 12), the assessment of resolvability (Article 15), and the operational functioning of resolution colleges (Article 88). The original RTS were submitted to the Commission in 2014 and adopted in 2016.