On July 8, 2016, a Delegated Regulation supplementing the BRRD, in the form of RTS was published in the Official Journal of the European Union. The RTS specifies, amongst other things: the content of recovery plans, resolution plans and group resolution plans; the minimum criteria that resolution authorities will assess regarding recovery plans and group recovery plans; the conditions for group financial support; the requirements for independent valuers; the contractual recognition of write-down and conversion powers; and the procedures and contents of notification requirements and of notice of suspension and the operational functioning of the resolution colleges. The RTS entered into force on July 28, 2016.

The RTS is available at: http://eur-lex.europa.eu/legalcontent/EN/TXT/?uri=uriserv:OJ.L_.2016.184.01.0001.01.ENG&toc=OJ:L:2016:184:TOC