50. Defining the transfer perimeter is only one step of the implementation of the transfer tool. …

Defining the transfer perimeter is only one step of the implementation of the transfer tool. Preparing for the operational transfer should be a key element of the resolvability assessment for transfer strategies. In this regard, resolution authorities and institutions should have arrangements in place in order to prepare for the sale of the transfer perimeter as defined in section 4 and, in this vein:

• a. Resolution authorities should develop a sale process (section 5.1.1) to support the SoB, and investigate additional preparatory measures (section 5.1.2) to support the execution of the transfer tools.
• b. Both institutions and resolution authorities should develop capabilities to solve separability conflicts identified under section 4.2 and to implement the transfer in a timely manner (section 5.2).
• c. Institutions should establish processes to handle the operational consequences of the transfer and should demonstrate to resolution authorities how reliable these processes are (section 5.3).

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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