Over the last week the EBA has published final draft regulatory technical standards (RTS), implementing standards (ITS) and guidelines on a number of Articles of the Bank Recovery and Resolution Directive (2014/59/EU) (BRRD). The materials published by the EBA include:
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final draft regulatory technical standards, implementing standards and guidelines relating to group financial support under Article 23;
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final draft implementing standards and guidelines relating to the application of simplified obligations under Article 4;
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final draft implementing technical standards on procedures, forms and templates for the provision of information for resolution plans under Article 11(3);
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final draft regulatory technical standards on the contractual recognition of write-down and conversion powers under Article 55(3);
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final draft regulatory technical standards on resolution colleges under Article 88(7);
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final draft regulatory technical standards on independent valuers under Article 36(14); and
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final draft regulatory technical standards on criteria to set the minimum requirement for own funds and eligible liabilities under Article 45.
The EBA has submitted the RTS and the ITS to the European Commission for endorsement. The guidelines will be translated into all EU languages and apply two months and one day after their publication in all EU languages.
