1. Irish Financial Services Law
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  1. European Union (Bank Recovery and Resolution) Regulations 2015 [S.I. No. 289 of 2015]
  2. Schedule, Part 3, Matters that the resolution authority is to consider when assessing the resolvability of an institution or group
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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 28 December 2020 - onwards
  Version 3 of 3    

Schedule, Part 3, Matters that the resolution authority is to consider when assessing the resolvability of an institution or group

Regulations 10(4), 26(4) and 27(5)

When assessing the resolvability of a group, references to an institution shall be deemed to include any institution or entity referred to in Regulation 2(1)(c) to (i) within a group.

When assessing the resolvability of an institution or group, the resolution authority shall consider the following:

1. the extent to which the institution is able to map core business lines and critical operations to legal persons;

2. the extent to which legal and corporate structures are aligned with core business lines and critical operations;

3. the extent to which there are arrangements in place to provide for essential staff, infrastructure, funding, liquidity and capital to support and maintain the core business lines and the critical operations;

4. the extent to which the service agreements that the institution maintains are fully enforceable in the event of resolution of the institution;

5. the extent to which the governance structure of the institution is adequa

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