DTA Crisis Preparedness package

Overview

On 18 June 2026, we opened consultation on a Crisis Preparedness package supporting implementation of the Deposit Takers Act 2023 (DTA).

The package includes the following:

Crisis Management Framework overview

• An overview of the Crisis Management Framework to provide context for the policy proposals, which follow feedback on our 2024 Crisis Management Issues Paper (PDF, 1.16MB).

Crisis Preparedness Standard

• Proposed policy on detailed requirements for recovery and exit planning as well as resolvability planning and pre-positioning.

Loss Absorbing Capacity Requirements

• Proposed policy on detailed requirements for loss-absorbing capacity (LAC) instruments (as announced in the 2025 review of key capital settings).
• Note: We are seeking feedback on the interaction between this policy proposal and the exposure draft of the Capital Standard, which is part of the DTA Standards exposure drafts (tranche 3) consultation.

Continuity of Access to Deposits Standard

• Revised policy proposals for Open Bank Resolution (OBR) pre-positioning, now called Continuity of Access to Deposits (CoAD).

Consultation questions

• See Annex B on page 133 for consolidated consultation questions.

Download the consultation document

Deposit Takers Standards for Crisis Management and Resolution consultation paper (PDF, 2MB)

We are seeking broad feedback

This is a policy consultation. We are seeking feedback on the clarity, feasibility and impact of what’s being proposed. We would also like your views on reasonable implementation timeframes.

This is one of two open DTA consultations. Please read the DTA Standards exposure drafts (tranche 3) consultation.

Events

We will be hosting consultation webinars in July and the event details are below. We are open to additional engagements during the consultation period as needed. 

We look forward to hearing from you.