SRB has setup a dedicated solution for raising questions on the resolution reporting. The Q&A process aims to provide support to thenational resolution authorities and the institutions subject to the resolution reporting requirements. The Q&A is intended to provide clarity on the reporting requirements to banks under the SRB remit.
Those who submit questions are encouraged to create their profile using their professional e-mail address, as this will enable the SRB to better identify questions from Institutions and national resolution authorities. When raising a question, a predefined list of topics is available in the Q&A form to structure the nature of questions that can be raised via this platform. In general, questions may cover the reporting format, content (guidance documents published by SRB) and process for resolution reporting. Submitters are requested to address any questions on guidance documents and reports published by other authorities directly to these authorities. SRB will provide feedback within a maximum of 2 to 4 months after the submission of the question. The clearer the drafting of the questions raised, and the more background information provided on the questions, the better the chances of receiving a quick response from SRB.
Keywords: Europe, EU, Banking, Resolution, Reporting, Q&A, National Resolution Authorities, SRB
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HKMA announced the publication of a report on fintech adoption and innovation in the banking industry in Hong Kong.
BIS published a working paper that examines the drivers of cyber risk, especially in context of the cloud services.
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EBA published a report that examines the interlinkages between recovery and resolution planning under the Bank Recovery and Resolution Directive (BRRD).
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EBA updated the Single Rulebook question and answer (Q&A) tool for banks.
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