Comments on the EBA Consultation Paper on the Draft Implementing Standards on the provision of information for the purpose of resolution plans

5 December 2017

The German Banking Industry Committee (GBIC) commented on the EBA Consultation Paper on the Draft Implementing Standards on the provision of information for the purpose of resolution plans. GBIC welcomes the EBA’s contribution to standardising the existing inquiry standards/templates. However, a range of information should be re-examined, in particular with regard to "critical functions" and "core business lines". For institutions for which the resolution authorities themselves come to the conclusion that they will not be resolved, these comprehensive reporting forms are on grounds of proportionality inappropriate and unreasonable.

This website uses cookies to enable certain functions and an user-oriented and smooth navigation. If you continue, you agree with the usage of cookies.