On July 6, 2016, a Commission Implementing Regulation setting out the ITS on the provision of information to national resolution authorities for the purpose of developing resolution plans was published in the Official Journal of the European Union. The BRRD provides that resolution authorities must prepare a resolution plan for each bank and empowers resolution authorities to require firms to provide information for that purpose. The ITS set out the procedure for the provision of that information, as well as the templates to be used which will capture the minimum set of information required, including, for example, organizational structure, critical counterparties and pledged collateral. The ITS entered into force on July 26, 2016.

The ITS on provision of information for resolution plans is available at: http://eur-lex.europa.eu/legalcontent/EN/TXT/?uri=uriserv:OJ.L_.2016.181.01.0001.01.ENG&toc=OJ:L:2016:181:TOC