EBA has translated the guidelines on simplified obligations under the Bank Recovery and Resolution Directive (BRRD) in the official languages. The guidelines define how EU authorities should assess whether an institution is eligible for simplified obligations. They are part of EBA’s work to promote convergence of practices between competent and resolution authorities across the EU. In addition the compliance form has been made available. The deadline for compliance is 16 December. (Source: EBA Translates BRRD Simplified Obligations Guidelines)