Recovery, resolution and DGS
Under the Bank Recovery and Resolution Directive (BRRD) on crisis prevention, management and resolution, the EBA is mandated to develop a wide range of Technical Standards, Guidelines and Reports with the aim of ensuring effective and consistent procedures across the Union, in particular with respect to cross-border financial institutions. The ultimate objective of the BRRD framework is to enhance financial stability, reduce moral hazard, protect depositors and critical financial services, save public money and ensure the smooth functioning of the internal market for financial services. The BRRD is complemented by the Deposit Guarantee Scheme Directive (DGSD), which also assigns rulemaking tasks to the EBA, and by other forthcoming regulatory initiatives on financial institutions other than banks. The DGSD aims to facilitate access to the internal market through the freedom of establishment and the freedom to provide financial services while increasing the stability of the banking system and the protection of depositors.
To fulfil its role of monitoring the implementation of the BRRD and the DGSD, national authorities must notify the EBA of any relevant information as well as of any actions taken. The EBA publishes the non-confidential elements of these notifications on its website (i.e. notifications on resolution, liquidation cases with DGS payouts and other DGS interventions), which can be accessed here. Similarly, Member States must periodically report to the EBA data relating to the funding levels of their national Deposit Guarantee Schemes.
documents
- Delegated Act on ex ante contributions to resolution financing arrangements
- Decision on reporting of MREL and TLAC data
- Decision on notifications to the EBA relating to Directive 2014/49/EU on deposit guarantee schemes
- Regulation (EU) 2016/962 on proportionality notifications templates
- Regulation (EU) 2016/911 on disclosure of group financial support agreement
- Regulation (EU) 2016/1400 on business reorganisation plan content
- Regulation (EU) 2016/1540 on criteria for MREL (minimum requirements for liabilities eligible for bail-in)
links
- European Commission website – section on crisis management
- FSB website - publications on crisis resolution
- Notifications on resolution cases and use of DGS funds
- Deposit Guarantee Schemes data
Opinions, Reports and other Publications
Opinions
28 October 2021
EBA Opinion on the treatment of client funds under DGSD.pdf
Opinion on the treatment of client funds under DGSD (EBA/Op/2021/11)
14 December 2020
EBA Opinion on the interplay between the AMLD and the DGSD.pdf
Opinion on the interplay between the EU AMLD and the EU DGSD
11 February 2020
EBA Opinion on DGS funding and uses of DGS funds.pdf
EBA Opinion on the implementation of the DGSD - DGS funding and uses of DGS funds (EBA-Op-2020-02)
30 October 2019
EBA Opinion on DGS Payouts.pdf
EBA Opinion on the implementation of the DGSD - DGS payouts (EBA-Op-2019-14)
8 August 2019
EBA Opinion on the eligibility of deposits coverage level and cooperation between DGSs.pdf
EBA Opinion on the implementation of the DGSD - Eligibility, coverage level and cooperation between DGSs (EBA-Op-2019-10)
14 December 2016
MREL Report - FAQ.pdf
MREL Report - FAQ
14 December 2016
EBA Final MREL Report (EBA-Op-2016-21).pdf
EBA Final MREL Report (EBA-Op-2016-21)
31 October 2016
Report on the appropriate target level basis for resolution financing arrangements (EBA-OP-2016-18).pdf
Report on the appropriate target level basis for resolution financing arrangements (EBA-OP-2016-18)
9 February 2016
EBA-Op-2016-02 Opinion on RTS on MREL.pdf
EBA-Op-2016-02 Opinion on RTS on MREL
14 August 2015
EBA-Op-2015-15 Opinion on protected arrangements.pdf
EBA-Op-2015-15 Opinion on protected arrangements
Reports
18 December 2023
Report on deposit coverage in response to European Commission's Call for Advice
16 May 2023
Report on holdings of eligible liabilities (Art. 504a CRR II).pdf
Report on holdings of eligible liabilities
16 January 2023
EBA MREL quantitative monitoring report and impact assessment (Art.45l BRRD II).pdf
MREL quantitative monitoring report and impact assessment
22 April 2022
EBA MREL shortfalls Report.pdf
MREL shortfalls report (as of 31 December 2020)
17 August 2021
2020 Colleges Annual Report.pdf
Resolution Colleges Annual Report 2020
27 May 2021
EBA Report on EIMs under the BRRD.pdf
Report on the application of early intervention measures in the EU
27 May 2021
2020 EBA MREL shortfalls Report.pdf
Quantitative MREL report (as of 31 December 2019)
22 December 2020
EBA Report on Simplified Obligations and Waivers under BRRD.pdf
EBA Report on Simplified Obligations and Waivers under BRRD
17 June 2020
EBA peer review report of DGS stress tests and resilience of DGSs.pdf
EBA peer review report of DGS stress tests and resilience of DGSs
20 May 2020
Report on Interlinkages between rec and res planning.pdf
Report on interlinkages between rec and res planning
Other publications
11 April 2016
FMA decision.pdf
FMA decision
11 April 2016
Letter of notification.pdf
Letter of notification
23 February 2016
Notification from the Bank of Italy.pdf
Notification from the Bank of Italy
12 January 2016
1812015_Decision.pdf
Decision
12 January 2016
18122015_EBA notification Peloponnese.pdf
Notification on Peloponnese Bank
6 January 2016
Central Bank of Hungary decision.pdf
Decision - Central Bank of Hungary
21 December 2015
Comunicado BdP_BANIF.pdf
Notification from BdP_BANIF
3 December 2015
(EBA-2015-E-384) Annex - Decision H-SZN-I-27-2015.pdf
(EBA-2015-E-384) Annex - Decision H-SZN-I-27-2015
3 December 2015
(EBA-2015-E-384) Annex - Decision H-SZN-I-28-2015.pdf
(EBA-2015-E-384) Annex - Decision H-SZN-I-28-2015
3 December 2015
(EBA-2015-E-384) Central Bank of Hungary request of publication on EBA's website.pdf
Central Bank of Hungary decision
