By the Single Resolution Board (SRB)
The Single Resolution Board (SRB) has today published its assessment of bank resolvability, for the first time. The resolvability assessment and ‘heat-map’ for 2021 shows that banks have made significant progress in the SRB’s priority areas.
The assessment is based on the information available to the SRB during the drafting phase of 2021 resolution plans up until the end of September 2021. It is benchmarked against the phase-in of the Expectations for Banks, to be completed by the end of 2023.