Abbreviations Glossary Executive summary Introduction Audit approach and methodology Observations Paragraph I - XI Organisational set-up, recruitment and allocation of staff for crisis management activities Overall, the organisational set-up is adequate ... ... despite initial planning weaknesses Overall, recruitment to the CRM was efficient 17 18 22 - 25 - 21 - 23 24 25 - 43 - 33 - 43 - 66 47 - 49 50 - 54 CONTENTS ... but the ECB does not have specific procedures to reassess staffing allocation to JSTs in a crisis situation and re-deploy staff to allow for operational efficiency of the management of it Cooperation and coordination with regard to crisis management The setting-up of coordination and cooperation with other authorities is still not complete Interaction with the SRB and other stakeholders needs improvement Recovery planning After a transition phase the ECB set a consistent timeline for the submission of recovery plans... ... but reaching joint decisions on group recovery plans continued to be a challenge The use of national experts means potential governance conflicts The CRM monitors the recovery planning process and provides general guidance to JSTs and banks, but needs some improvement 26 30 34 44 48 51 1 11 - 10 - 16 17 - 119 2 The ECB has operationalised the legal requirements for assessing recovery plans in a tool that is efficient and largely comprehensive ...but the results of recovery planning are not systematically used for crisis identification or management Supervised entities are positive overall about the recovery planning process Due to the limitation of the sample provided by the ECB, conclusions could not be drawn on the recovery plan assessments Crisis identification The ECB has allocated tasks and established an overall workflow for crisis identification and response, but its guidance on implementing the relevant provisions is underdeveloped 55-59 60 -61 62-64 65-66 67-91 69-72 73 -74 The ECB has processes for crisis identification ... ... but there is no common set of indicators with clear thresholds to determine - 79 - 87 - 91 119 93 - 95 - 99 104 106 109 111 119 130 deterioration and the key identifier has several drawbacks ... ... and monitoring systems need enhancement It is very much down to supervisory teams to decide just when to make early intervention assessments and how to present them 75 80 88 Crisis response 92 - The nature and extent of intensified supervisory activity are defined by each JST Liquidity monitoring tools have been established ... ... but to be operationally efficient the process would need to quantify incurred or likely losses More guidance is required on legal powers and practical measures ... ... on monitoring the implementation of supervisory measures ... ... on the clarity of the guidance on FOLTF assessments ... and on training activities and simulation exercises to enhance the operational efficiency of management Documentation of crisis response in early intervention assessments needs improvement Conclusions and recommendations 94 96 100 - 105 - 107 - 110 - 112 - 120 - 3 
Förkortningar Ordförklaringar Sammanfattning Inledning Revisionsmetod Iakttagelser Punkt I–XI 1–10 11–16 17–119 17–25 18–21 22–23 24 25 26–43 30–33 34–43 44–66 47 48–49 50 INNEHÅLL Organisationsstruktur och rekrytering och fördelning av personal för krishanteringsverksamhet Generellt sett är organisationsstrukturen adekvat Brister i den ursprungliga planeringen Generellt sett var rekryteringen till krishanteringsavdelningen effektiv ECB har inga specifika förfaranden för att ompröva tilldelningen av personal till de gemensamma tillsynsgrupperna i en krissituation och för att omfördela personal för att kunna hantera den effektivt Samarbete och samordning när det gäller krishantering Inrättandet av samordning och samarbete med andra myndigheter är ännu inte klart Samverkan med den gemensamma resolutionsnämnden och andra intressenter behöver bli bättre Återhämtningsplanering Efter en övergångsfas fastställde ECB en konsekvent tidsfrist för inlämnandet av återhämtningsplaner Att nå gemensamma beslut om koncernåterhämtningsplaner fortsatte att vara en utmaning Användningen av nationella experter medför potentiella styrningskonflikter 2