EBA publishes final Guidelines on transferability

At the end of last month, The European Banking Authority (EBA) published its final Guidelines on transferability to support the resolvability assessment for transfer strategies, covering key topics such as the definition of the transfer perimeter, separability and the steps to operationalise the implementation of the transfer perimeter. Complementing the EBA resolvability Guidelines, these Guidelines on transferability aim at assessing the feasibility and credibility of transfer strategies and encompass requirements relating to the implementation of transfer tools when considered as the preferred or variant strategies for institutions.

In this alert, you will read about the full applicability of EBA’s final transferability Guidelines, possible resolution scenarios, key steps in the transferability process and the deadline for Resolution Authorities and Institutions for applying these Guidelines.