Regulatory Alerts2023-11-06
Declaration of Compliance with EBA/GL/2023/05 on Resolution Planning Tests
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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