Brussels, 24/01/2025 (Agence Europe) – On Thursday 23 January, the Single Resolution Board (SRB), the European authority responsible for resolving banking groups within the euro area banking union, updated its guidelines on the continuity of the critical operations of the banks concerned in the event of failure. Clarifications are provided on the Board’s expectations regarding the identification and mapping of services, the assessment of operational continuity risk and mitigation measures (drafting of appropriately documented contracts, management information systems, appropriate governance arrangements). This update, which will apply from the 2026 resolution planning cycle, includes the development of new regulatory frameworks such as the European framework for crypto-assets (DORA) and the European Banking Authority's August 2023 guidelines on improving bank resolvability. Further information: https://aeur.eu/f/f71 (MB)