SRB publishes updated operational guidance for banks on BRP AR and quantitative template

The Single Resolution Board (SRB) has published updated operational guidance on business reorganisation plan analysis reports (BRP ARs), together with a complementary quantitative template. The updated guidance follows the February consultation, with the SRB also publishing a feedback statement. Institutions are required to prepare and submit a business reorganisation plan within one month following the implementation of the bail-in tool. To support resolution readiness, banks are also expected to prepare a BRP AR during the resolution planning phase.

The guidance sets out the SRB's expectations on the governance arrangements supporting the preparation of business reorganisation plans, the relevant descriptions of the targeted business model post reorganisation, the criteria for identifying valid business reorganisation measures and the approach to follow to demonstrate post-open bank bail-in long-term viability. The SRB states that the documents do not introduce new requirements but instead consolidate existing expectations, address shortcomings identified in previous submissions and reflect lessons learned from industry best practice.

Return to main website.