PRA Rules and Modifications by Consent
- Operational Continuity
- Stay in Resolution
- Resolution Assessment
- Resolution Pack
- Contractual Recognition of Bail-in
- Regulatory Reporting (Chapter 16 – Rule 16.43, Chapter 21)
UK legislation
- Recovery and Resolution – Bank Recovery and Resolution (No. 2) Order 2014
- The Special Resolution Regime – The Banking Act 2009 (Part 1).
- ‘Own Funds and Eligible Liabilities’ and ‘Capital Requirements’ – Capital Requirements Regulation (EU) No 575/2013 (Parts Two and Three)
- Regulation on criteria relating to the determination of critical functions and core business lines – Commission Delegated Regulation (EU) 2016/778 (Chapter III)
PRA Supervisory Statements
- Resolution assessment and public disclosure by firms (SS4/19)
- The minimum requirement for own funds and eligible liabilities (MREL) - buffers and Threshold Conditions (SS16/16)
- Contractual stays in financial contracts governed by third-country law (SS42/15)
- Ensuring operational continuity in resolution (SS4/21 | SS9/16)
- Resolution planning (SS19/13)
- The contractual recognition of bail-in: impracticability (SS7/16)
- Guidelines for completing regulatory reports (SS34/15) – Appendix 10: Instructions for completing PRA109 - Operational continuity
UK technical standards where the Bank of England as Resolution Authority has maintenance power
- Minimum information on financial contracts - Commission Delegated Regulation (EU) 2016/1712, as amended, including by The Technical Standards (Bank Recovery and Resolution) (EU Exit) (No.1) Instrument 2019, Annex F
- Reporting formats for resolution planning - Commission Implementing Regulation (EU) 2018/1624, as amended, including by The Technical Standards (Bank Recovery and Resolution) (EU Exit) (No.1) Instrument 2019, Annex I
- Minimum elements of business reorganisation plans - Commission Delegated Regulation (EU) 2016/1400, as amended, including by The Technical Standards (Bank Recovery and Resolution) (EU Exit) (No.1) Instrument 2019, Annex C
- Criteria relating to the methodology for setting the minimum requirement for own funds and eligible liabilities - Commission Delegated Regulation (EU) 2016/1450, as amended, including by The Technical Standards (Bank Recovery and Resolution) (EU Exit) (No.1) Instrument 2019, Annex E
Publications by the Bank of England as Resolution Authority
- The Bank of England's approach to resolution (Approach Document)
- The Bank of England's power to direct institutions to address impediments to resolvability (Statement of Policy)
- The Bank of England's Approach to Assessing Resolvability (Statement of Policy)
- The Bank of England's approach to setting a minimum requirement for own funds and eligible liabilities (MREL) (Statement of Policy)
- Valuation capabilities to support resolvability (Statement of Policy)
- Funding in Resolution (Statement of Policy)
- Restructuring Planning (Statement of Policy)
- Continuity of Access to Financial Market Infrastructure (FMIs) (Statement of Policy)
- Management, Governance and Communication (Statement of Policy)
- Executing bail-in: an operational guide from the Bank of England (Operational Guide)
Other relevant material
- Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU (Statement of Policy, Annex 2)
- Valuation capabilities to support resolvability (Guidance Document)
This page was last updated 11 October 2024