On December 18, 2014, the EBA issued a consultation paper on draft RTS on resolution colleges under the Bank Recovery and Resolution Directive ("BRRD"). The aim of resolution colleges is to act as a framework for information sharing and co-operation between resolution authorities. The proposed RTS deal with issues such as the operational organization of resolution colleges and relevant steps to be taken in planning as well as reaching joint decisions. The consultation closes on March 18, 2015.
The consultation is available at: https://www.eba.europa.eu/documents/10180/932712/EBA-CP-2014-46+%28CP+on+draft+RTS+on+Resolution+Colleges%29.pdf.
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