69. When the continuity of the transfer perimeter necessitates access to currencies or continuity …

When the continuity of the transfer perimeter necessitates access to currencies or continuity of back-to-back transactions as highlighted by assessment mentioned in paragraph 69 of EBA resolvability guidelines, institutions should ensure that arrangements are in place to ensure this continuity, in accordance with the resolution authority’s expectations. For instance, correspondent banking agreements could be drafted beforehand in order to ensure that the transfer perimeter continues, when necessary, to be serviced in the needed currencies. Existing agreements should also be transferrable under Directive 2014/59/EU.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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