75. Institutions should develop internal processes and preparatory measures in order to make the …

Institutions should develop internal processes and preparatory measures in order to make the transfer execution credible and feasible. Said processes should encompass governance arrangements including a clear indication of responsibilities, reporting lines and roles of committees, as well as the definition of procedural and validation steps, the communication set-up and the description of the relevant MIS commanding the processes and the additional information needed from third parties. Said processes should be compiled in dedicated playbooks upon request of resolution authorities and subject to dry-runs to ensure that the processes are operational. The elements laid down hereafter should be integrated into the list of processes to be covered.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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