EBA Handbook on Simulation Exercises Released

Introduction

The European Banking Authority (EBA) has recently published a comprehensive Handbook on simulation exercises for resolution authorities. This document serves as a pivotal resource for enhancing the preparedness and operational capabilities of resolution authorities through structured simulation exercises. The Handbook introduces a taxonomy for simulation exercises, aiming to harmonize the use of main concepts within the financial stability framework.

Key Features of the Handbook

The Handbook distinguishes between testing, simulations, and dry runs, introducing six main types of simulation exercises: brainstorms, desktop exercises, walkthroughs, fire drills, decision-making exercises, and operational simulations. It also presents the concept of end-to-end simulations, which combine multiple exercise types to replicate real-world resolution scenarios.

The document provides practical guidance on defining objectives and scope, designing scenarios, allocating resources, managing delivery, and collecting feedback. It includes templates and examples to support authorities in implementing effective and proportionate simulation exercises.

Legal Basis and Background

This initiative is part of the EBA’s broader mandate under Article 8(1)(ab) of Regulation (EU) No 1093/2010 to maintain an up-to-date Union resolution handbook. The Handbook draws on the experience of resolution authorities across the EU and aims to foster convergence, interoperability, and cross-border cooperation.

Simulation exercises are a key tool for resolution authorities to test and refine their internal procedures, decision-making processes, and coordination mechanisms, as well as to train their staff.

Conclusion

The EBA’s Handbook is a significant step forward in supporting resolution authorities across the EU. It complements existing guidelines on resolvability testing and supports the ongoing development of a robust and credible resolution framework.

Quelques pistes pour l'intégration opérationnelle dans votre dispositif :

- Évaluer les besoins spécifiques de votre autorité en matière de simulation.

- Adapter les exercices proposés dans le Handbook à votre contexte opérationnel.

- Former le personnel aux différents types d'exercices pour maximiser l'efficacité.

- Utiliser les templates et exemples fournis pour structurer vos simulations.

- Recueillir et analyser les retours d'expérience pour améliorer continuellement vos processus.