The Recovery & Resolution Directive
Putting theory into practice
With the authorities pushing resolvability and structural reform agendas, banks will have to factor resolvability considerations into their strategy and business model.
This paper discusses the impact of the new Recovery and Resolution and directive, and highlights how it triggers change around the following key focus areas:
- Impact of bail-in on group structure
- Information requirements
- Operational continuity
- Linking resolvability to wider activities