Topic Recovery/resolution Cross-border group resolution and relations with third countries
Measures that are taken by resolution authorities from other EU Member States are as effective in Germany as measures taken by the German NRA.
Support for resolution authorities in other Member States
When resolution authorities from other Member States issue orders concerning assets in Germany, the NRA provides support.
Establishing and organising resolution colleges
Resolution colleges are established by the SRB and NRAs to coordinate cooperation between multiple resolution authorities in the EU banking union, Europe and third countries. The main purpose of these colleges is to exchange information, draw up group resolution plans, assess institution-specific resolvability, remove resolution impediments, reach decisions on group resolution schemes and coordinate public communication.
