The letter emphasizes the need to make the Single Rulebook less complex and more adaptable to the requirements posed by financial stability and operational efficiency. The EBA is encouraged to prioritize simplification, while considering the structural diversity of member states, for which flexibility is essential in ensuring well-functioning resolution regimes. The resolution authorities thus express their support for a simplified and risk-based rulebook that contributes to a more efficient allocation of resources and increased focus on the most critical areas.
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