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The EBA has received a notification from the Bank of Greece, in its capacity as the Resolution Authority, in relation to the application of resolution measures to the Cooperative Bank of Peloponnese Coop Ltd, following the withdrawal of its license.

The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) on the content of business reorganisation plans and progress reports, as well as guidelines defining how to assess plans. The work has been developed within the framework established by the Bank Recovery and Resolution Directive (BRRD), which sets procedures for the recovery and resolution of credit institutions, investment firms and related entities across the EU.