Bank resolution requests shift to three-year cycle from 2027
The Single Resolution Board will shift bank-specific reporting requirements from an annual schedule to a three-year cycle starting in 2027. The framework targets a reduction of up to one-third in recurring deliverables for institutions with satisfactory resolvability performance.
Triennial relief for resilient institutions
Under the updated framework, the Single Resolution Board (SRB) will replace annual reporting with a triennial cycle for banks demonstrating sound resolvability.
Where materials remain up to date, institutions may confirm validity rather than file full resubmissions.
The relief covers extensive documentation, including bail-in playbooks, valuation data indices, and solvent wind-down plans.
However, mandatory annual obligations remain in place for core monitoring.
Resolution groups must submit their 2027 resolvability work programmes by February 1, 2027, followed by standard reporting templates under Regulation 2025/2303 on March 31 and April 30, 2027.
Consultation roadmap and fund contributions
The SRB also outlined its stakeholder engagement roadmap for 2027.
Planned public consultations include an update to the minimum requirement for own funds and eligible liabilities (MREL) policy in the second quarter of 2027 to implement the Crisis Management and Deposit Insurance (CMDI) review.
An industry workshop on operational bail-in guidance is scheduled for the same quarter.
Concurrently, the authority will collect data between November 2026 and February 2027 to verify the Single Resolution Fund target level.
Pragmatic easing with supervisory strings
The transition to a triennial cycle delivers welcome operational relief for compliant banks.
Conditioning the lighter schedule on resolution readiness preserves regulatory rigor where it matters most.
However, national differences in supervisory scrutiny could undermine the intended level playing field.