SRB Operational Guidance on Separability and Transferability Updated

SRB News

Published February 20th, 2026

Detected March 13th, 2026

Summary

The Single Resolution Board (SRB) has updated its operational guidance for banks on separability and transferability. The revisions align with resolvability self-assessment requirements and provide an operational framework for transfer playbooks and testing, aiming to enhance banks' crisis readiness.

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What changed

The European Single Resolution Board (SRB) has updated its operational guidance concerning separability and transferability for banks. This revision, effective February 20, 2026, aligns the guidance with resolvability self-assessment requirements and introduces an operational framework for transfer playbooks and an annex on testing. While no new deliverables are mandated, the update aims to enhance the effectiveness of existing ones by providing operational support and clarifying expectations for separability analysis and the development of transfer playbooks.

Banks are expected to utilize this updated guidance to improve their readiness for crisis situations. The revisions are intended to streamline approaches, reduce execution risks associated with transfers, and support banks in demonstrating their capabilities. Compliance officers should review the updated guidance, particularly the sections on transfer playbooks and testing, to ensure their institution's plans and processes are aligned with the SRB's clarified expectations.

What to do next

Review updated operational guidance on separability and transferability.
Incorporate framework for transfer playbooks and testing annex into relevant internal documentation and processes.

Source document (simplified)

Press releases |

Monday, 23 February 2026

Guidance is now aligned with the resolvability self-assessment requirements.
Update does not introduce new deliverables, but an operational framework for transfer playbooks and an annex on testing intended to support banks in demonstrating the expected capabilities.
It increases proportionality, based on the outcome of last year's public consultation.

The SRB publishes today its operational guidance for banks on separability and transferability, following a public consultation. It is part of the SRM’s shift from planning to operationalisation, resolution testing and crisis readiness.

Following the comments received, the text of the guidance was simplified in several sections, as the feedback statement explains, taking due care of the proportionality principle.

This update does not introduce new deliverables; instead, it seeks to enhance the effectiveness of existing ones, primarily by offering operational support to banks to ensure an efficient use of resources. The revised material aligns with the guidance on resolvability self-assessment, to include an operational framework for transfer playbooks and an annex on testing.

The updated guidance provides a framework for banks to enhance their readiness. It addresses the key challenges identified in already submitted deliverables and sets out a streamlined approach with clarified expectations for separability analysis.

In addition, the guidance provides a comprehensive manual for banks to develop transfer playbooks, with a view to reducing execution risks.

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