The European Banking Authority has published the following:

  1. draft regulatory technical standards on the assessment of recovery plans under the draft directive establishing a framework for the recovery and resolution of credit institutions and investment firms; and
  2. draft regulatory technical standards on specifying the range of scenarios to be used in recovery plans under the draft directive establishing a framework for the recovery and resolution of credit institutions and investment firms.

The proposed consultation papers are based on the draft Directive establishing a framework for the recovery and resolution of credit institutions and investment firms (the so-called Recovery and Resolution Directive - RRD) as proposed by the European Commission on 6 June 2012.

Comments on the consultations to be submitted by 20 August 2013.