PART 5Resolution plans
CHAPTER 1Resolution plans for institutions
The Bank's duty to draw up resolution plans37
1
The Bank must draw up and adopt a resolution plan for each relevant institution.
2
Subject to the imposition of any simplified obligations (within the meaning given by article 9(3)(b)) with respect to a resolution plan, the plan mustF3—
a
contain the information, and be drawn up with regard to the considerations, set out in Schedule 1; and
b
contain information specified in any technical standards made under paragraph (2A).
F12A
The Bank may make technical standards relating to information to be contained in the resolution plan for a relevant institution.
3
The resolution plan must be drawn up on the basis of the information provided for that purpose by the relevant institution or the appropriate regulator and any other relevant information.
F23A
The Bank may make technical standards relating to—
a
the procedures for the provision of information by the relevant institution or the appropriate regulator under paragraph (3); and
b
a minimum set of standard forms and templates for such provision of information.
4
For the purpose of drawing up a resolution plan the Bank must consult—
a
the appropriate regulator; F4...
F5b
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5
The Bank must provide the relevant institution with a summary of the key elements of the resolution plan.