2023-11-06
Added · Updated
The Prudential Supervision and Resolution Authority (ACPR) declares its intention to comply with EBA/GL/2023/05, which amends resolution planning guidelines to introduce a new section on resolution testing. The updated guidelines require financial institutions to produce a self-assessment report accompanied by a general procedures manual and recommend that resolution authorities publish a resolution testing program. These measures apply to financial institutions and competent authorities as defined in Regulation (EU) No 1093/2010.
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DECLARATION
Declaration of Compliance with the Guidelines amending EBA/GL/2022/01 on improving resolvability for institutions and resolution authorities pursuant to Articles 15 and 16 of Directive 2014/59/EU (Resolution Guidelines) to introduce a new section on resolution testing (EBA/GL/2023/05)
The Prudential Supervision and Resolution Authority declares its intention to comply with the Guidelines amending EBA/GL/2022/01 on improving resolvability for institutions and resolution authorities pursuant to Articles 15 and 16 of Directive 2014/59/EU (Resolution Guidelines) to introduce a new section on resolution testing.
The main purpose of these amending guidelines is to invite the relevant banking institutions to produce a self-assessment report, completed by a general procedures manual. They also recommend that resolution authorities communicate a resolution testing program.
These amending guidelines apply to financial institutions within the meaning of Article 4(1) of Regulation (EU) No 1093/2010 and to competent authorities within the meaning of Article 4(2) of Regulation (EU) No 1093/2010.
Download the opinion and the associated EBA guidelines
Declaration of Compliance with the Guidelines amending the orientation... (PDF - 115.41 Ko)
Guidelines amending EBA/GL/2022/01 on improving... (PDF - 189.46 Ko)
Updated on 9 January 2025
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Source: Autorite de Controle Prudentiel et de Resolution — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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