Lenders not ready for resolutions – EBA research
Authority finds commercial banks still unprepared for bail-in tool
Eurozone banks are still largely unaware of the bail-in tool when putting together resolution strategies, according to a report by the European Banking Authority (EBA).
The study, published on August 14, examines reports by European resolution authorities on banks’ readiness for stress scenarios.
It also contains the updated objectives for the resolution strategies that the EBA expects national resolution authorities to have in place by the end of 2025.
The report says the authorities will need to
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