Bank Resolution Academy successfully closed on 20 November 2020
The 1st edition of the Bank Resolution Online Academy organised by the Florence School of Banking and Finance (European University Institute) took place from 2 to 20 November 2020 as an online course. Throughout 3 weeks, over 40 participants engaged very actively in this demanding Academy, which was designed to provide participants with the opportunity to sharpen their knowledge on bank resolution.
With a combination of self-paced material and of over 10 hours of live sessions, the group of instructors guided the participants through several topics, including the importance of recovery and resolution planning, the revised framework of MREL, and the conditions to access to external public sources of funding resolution. Participants also had the occasion to put in practice many resolution elements via ‘learning by doing’, in particular the different purposes of valuation prior to and after resolution, the future challenges to the EU resolution framework and the chronology of the decision-making steps of a real resolution case.
One of the hot topics at issue is whether the EU resolution framework, which has recently been revised as a result of BRRD 2 and SRMR 2, needs to revisited in the light of the COVID-19 circumstances. This question, together with the many other unsolved issues of the current legal framework will be closely monitored by bank resolution experts.
Save the date!
The second edition of Bank Resolution Academy is already scheduled for 7 – 29 April 2021.
We hope to create again an occasion where policymakers, academics and practitioners can continue to discuss these fascinating topics!
Save the Date! More info will be available soon.