+54. Although the sale strategy will depend on the definition of the transfer perimeter …

54. Although the sale strategy will depend on the definition of the transfer perimeter …

Although the sale strategy will depend on the definition of the transfer perimeter (institution- and situation-specific), resolution authorities should develop a sale process taking into consideration at least the following elements:

  • - The timeline of the sale process: a timetable with milestones and deliverables;
  • - The definition of operational sub-processes with a clear allocation of tasks amongst the different teams and experts covering the resolution authorities, institutions, competent authorities and all relevant actors in line with paragraphs 56 and 57;
  • - The composition and roles of teams and bodies;
  • - The documentation supporting the sale framework and marketing process (including, but not limited to term sheets; NDA and other legal documents; templates available to bidders; bid assessment sheets; criteria list; procurement documents and mandates for external consultants; and templates for media communication);
  • - Confidential communication channel(s), communication plan(s) and information, data and reports.

1. Overview

,
Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
  • EBA - Published by the European Banking Authority at https://www.eba.europa.eu/