Single point of entry
Most large European groups are planned for “single point of entry” resolution: losses across the group are channelled to one entity — usually the parent holding or operating company — where bail-in and the other tools would be applied. The 2019 banking package wrote the concept into law: the resolution entity issues external MREL to the market, while its subsidiaries issue internal MREL to the resolution entity, creating the chain through which subsidiary losses are pushed up without resolving each company separately.
In this database
Entity profiles flag whether an institution is a resolution entity, following the group structures reported by GLEIF and the strategies published by resolution authorities. Groups with a “multiple point of entry” strategy have several resolution entities, each anchoring its own resolution group — a structure typical of groups with large, self-funded foreign subsidiaries.