Services connected with the BRRD

ices that are likely to be required after the framework agreements have been established will be connected with the Bank Recovery and Resolution Directive 2014/59/EU (“BRRD”) for lot 1 and the Insurance Recovery and Resolution Directive (2025/1/EU) (“IRRD”) for lot 2. With regard to the IRRD, althou

gh it entered to force in January 2025, there is a two year time period for Member States to transpose the IRRD into National law . It is anticipated that the Central Bank will require that the successful Framework Members provide support a