EBA publishes Handbook on valuation for purposes of resolution

On 22 February, the European Banking Authority (EBA) published a Handbook on valuation for purposes of resolution, addressed to the national and EU resolution authorities. The basis for this initiative is Article 29(2) of Regulation (EU) No 1093/2010 establishing the EBA. Even though it is not binding for the resolution authorities, this Handbook is an instrument to promote convergence […]