Supervisors Symposium - December 2023

Internal Use Only

Liquidity Impact on Resolution  Lack of Time = Expected Loss and Reputational Risk

 Pre ‐ Failure Franchise Value Erosion

 Workstream Responses

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Internal Use Only

Initial DRR Steps

Regulators and DRR attend failing bank board meeting

Resolution process begins

DRR & Chartering Authority discuss closing date Order full loan and deposit downloads

DRR requests failing bank’s board sign a Due Diligence Resolution

Team Leader involvement

DRR identifies failing bank contacts for downloads and Team Leader

Notify DRR closing staff

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