Financial Stability Authority (FFSA) has initiated the 2024 resolution planning cycle with banks under its purview. Resolution planning is used to prepare for possible crisis scenarios. The key objective in resolution planning is to develop banks’ resolvability capabilities which enable controlled and efficient stabilization of operations and reorganization in a crisis situation.
Planning work is done in yearly cycles. On 28 February 2025, the FFSA sent the banks the 2025 priority letters, in which the bank-specific requirements for the year 2025 are defined.
In 2025, the FFSA underlines testing of resolvability capabilities. Banks must test the usability of their bail-in playbooks and communication and develop their capabilities according to the results of the test. Going forward, testing will be further emphasized in resolution planning work.
In addition, work on the Digital Operational Resilience Act (DORA) from resolution perspective will be started during this planning cycle. Work on several other aspects of resolution is also continued.
More information: Head of Resolution Unit, Anni-Mari Karvinen
email: firstname.lastname(at)rahoitusvakausvirasto.fi, tel. 0295 253 520.
Learn more about resolution planning on the FFSA website.
For more information on current FFSA events, visit the FFSA’s website.
