1. Master Playbook
While these guidelines introduce new deliverables, we see the Master Playbook as an efficient and effective tool for banks to demonstrate resolvability through the Self-Assessment as well as for steering their resolvability programme in a manner that is cost-efficient and meets broader business-as-usual (BAU) objectives.
Deloitte first suggested the concept of the Master Playbook as a tool to support banks with their resolution planning in 2019.
In essence, the Master Playbook is a guide for Senior Management and the Board in resolution. However, by describing how the resolution is expected to unfold, and by identifying the key decisions through the resolution timeline, it enables a clear mapping to implementation steps, capabilities and Management Information. It therefore provides the framework for identifying what is required for a resolution transaction to be credible and to thereby steer the resolvability programme over the coming years.
Banks may have developed playbooks, documentation and capabilities without an overarching structure on top. The Master Playbook helps to ensure that all capabilities and playbooks are consistent to support the…
