Europejski Urząd Nadzoru Bankowego, Wytyczne EBA skierowane do organów ds. restrukturyzacji i uporządkowanej likwidacji dotyczące publikacji ich podejścia do wdrożenia narzędzia bail-in

International standards on resolution expect home authorities to publish their approach to the exchange mechanic, i.e the operational process allowing the write down of capital instruments or bail-inable liabilities or conversion into new shares. This is to increase predictability and credibility of the framework by publicising authorities’ readiness to execute bail-in.

These guidelines provide a clear framework for resolution authorities to publish their approach to using the bail-in tool. They are expected to publish a document defining roles of key stakeholders, describe their approach to write down and conversion, whether they intend to use interim instruments or not, and how the share delivery will take place and share a timeline of the process.

Authorities that have not done so yet are expected to start publishing a high-level...