Jersey Resolution Authority

Responsible for minimising the impact of a bank failure in the island and ensuring public funds are protected

Consultations

Live and planned consultations

ConsultationsDescriptionIssued dateClosing date
CP2024/01Consultation in respect of our Policy Statement on Minimum Requirements for own funds and Eligible Liabilities (MREL).  This includes feedback in respect of our MREL Position Paper issued in December 2023.  Our draft MREL Policy Statement tracks key policy changes from our MREL Position Paper.  

Draft MREL Policy Statement

Draft MREL Reporting Template

Draft Guidance on MREL Reporting Template

16 September 2024

20 December 2024

DeferredOur consultation in respect of our approach to determining Critical Functions and associated data collection requirements has been deferred to allow us to align with the JFSC's related work on systemic importance due to be progressed in 2025TBC
2025 Funding PaperFunding Paper in respect of our proposed Annual Administration Levy for 20256 December 202431 January 2025

Closed Consultations

Closed consultations and feedback papers

Current versions of our policies and guidance are available on our Policy and Guidance page.


ConsultationDescriptionDate closedFeedback Paper

2024

CP2024/02

Consultation in respect of our Valuations Standard and Data Set

Draft Valuations Standard

Draft Valuations Data Set

1 November 2024

We are reviewing responses and intend to issue a feedback paper in December 2024
CP2024/03

Consultation in respect of our Guidance on Restructuring and Management and Governance

Draft Guidance Note on Restructuring

Draft Guidance Note on Management and Governance

1 November 2024Feedback Paper on Consultation Paper CP2024/03 'Restructuring and Management and Governance Guidance Notes'


Final Restructuring Guidance Note - clean

Final Restructuring Guidance Note - tracked changes

Final Management and Governance Guidance Note - clean

Final Management and Governance Guidance Note - tracked changes

2024 Funding PaperFunding Paper in relation to our proposed Annual Administration Levy for 2024 and proposed updated methodology for allocating the Administration Levy across Jersey Banks.31 January 2024Feedback on the JRA's 2024 Funding Paper

2023

PP2023/02

Position Paper in respect of our proposed approach to setting Minimum Requirements for own funds and Eligible Liabilities (MREL)

31 March 2024Feedback has been published as part of consultation on our MREL Policy Statement (CP2024/01)
CP2023/02Consultation in respect of proposed Guidance Notes on Operational Continuity in Resolution (OCiR) and Communication Planning

Draft Operational Continuity in Resolution Guidance Note


Draft OCiR Reporting Template

Draft Communication Planning Guidance Note

10 November 2023Feedback Paper on Consultation Paper 2023/02 'Operational Continuity in Resolution
and Communication Planning
Guidance Notes'

Track change version of Operational Continuity in Resolution Guidance Note

Track change version of Communication Planning Guidance Note

CP2023/01

Consultation in respect of our approach to Resolution Planning and Resolvability.

Draft Policy Statement 2023/01 ‘Resolution Planning and Resolvability’		2 June 2023

Feedback Paper on Consultation Paper 2023/01 ‘Resolution Planning and Resolvability’

Track change version of Policy Statement 2023/01 ‘Resolution Planning and Resolvability’
2023 Funding PaperFunding Paper in relation to our proposed Annual Administration Levy for 2023.31 January 2023Feedback on JRA Funding in 2023.