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23 January 2013

国境を越えて活動するEU(欧州連合)の大手金融グループに破綻処理計画を2013年末までに策定することを求めるEBA(欧州銀行機構)


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The EBA adopted a formal Recommendation to ensure that major EU cross-border banks develop group recovery plans by the end of 2013. The aim of the Recommendation is to spur the development of recovery plans and to foster convergence on the highest standards across the Union.


The Recommendation has been adopted as part of the EBA’s mandate to contribute to the development of effective and consistent recovery and resolution plans. It intends to fill the interim period before a comprehensive legislative framework for the recovery and resolution of credit institutions is implemented at EU level following the proposal by the European Commission presented in June 2012.

Group recovery plans should be drafted in accordance with the international standards agreed under the auspices of the Financial Stability Board and consistently with the template attached to the Recommendation. The template covers the key elements that should be addressed in a recovery plan:

  • general but comprehensive information on the institution and its governance structure;
  • the list and description of options available in a crisis situation and an assessment of their execution and impact; 
  • the measures that the institution plans to implement to facilitate, in the future,  the update of the recovery plan or its implementation in crisis times.

The template for the recovery plans follows an EBA discussion paper published in May 2012. It is in line with the Key Attributes of Effective Resolution Regimes for Financial Institutions issued by the Financial Stability Board in October 2011.

Considering that at least 15 banks within the Union have already started drafting recovery plans following the initiative of the Financial Stability Board (FSB), and other national initiatives are under way, the aim of the recommendation is to ensure consistency across the Union and convergence on the highest standards, by extending the development of recovery plans to the European credit institutions identified in the annex to the recommendation and making sure that the plans are discussed within the respective supervisory colleges, which are closely monitored by the EBA.

For this purpose, group recovery plans should be drafted in accordance with the international standards agreed under the auspices of the Financial Stability Board and consistently with the template attached in Annex 2 (“the template”) which, following the EBA Discussion paper (DP) on recovery plans published on 15 May 2012, covers the key elements and essential issues that should be addressed in a recovery plan.

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