The European Banking Authority (EBA) published its updated final draft Regulatory Technical Standards (RTS) on resolution plans and on the functioning of resolution colleges. The revisions aim to simplify and refocus resolution planning while improving the effectiveness of cooperation and coordination among authorities.

Key changes to the RTS on resolution plans and resolvability assessments include:

• A more consistent and concise set of essential information for plan summaries

• More proportionate and focused plan content, tailored to the specificities of each institution or group.

• A clearer separation between the resolution strategy selection and the assessment of resolvability.

• A reorganised resolvability assessment structured around seven core dimensions to ensure greater consistency and effectiveness across the EU.