This consultative document sets out proposed guidance on the development of a plan for funding in resolution that builds on the FSB’s August 2016 Guiding Principles on the temporary funding needed to support the orderly resolution of a global systemically important bank (G-SIB) and existing supervisory and resolution guidance on liquidity risk management and resolution planning, respectively. It identifies a set of key funding strategy elements covering:

  • firm capabilities to support monitoring, reporting and estimating funding needs in resolution and to facilitate execution of the funding strategy;

  • the development of a resolution funding plan by the authorities;

  • the use of firm assets and private sources of funding;

  • access to temporary public sector backstop funding mechanisms and ordinary central bank facilities; and

  • information sharing and coordination between authorities.

The FSB welcomes comments and responses to the questions set out in the consultative document by Friday, 2 February 2018. Responses should be sent to fsb@fsb.org with “Funding Strategy Elements of an Implementable Resolution Plan” in the subject line. Responses will be published on the FSB website unless respondents expressly request otherwise.