The Instrument designates the Central Bank as the State’s resolution authority and national macro‑prudential authority, sets a broad scope (credit institutions, investment firms, holding companies and certain branches) and requires institutions to produce recovery and resolution plans and to undergo resolvability assessments. It confers early‑intervention powers and prescribes valuation rules. Resolution tools include sale of business, bridge institution, asset separation and bail‑in, with rules on write‑down/conversion and a minimum own‑funds and eligible‑liabilities requirement plus creditor and market safeguards.

The Regulations establish a Bank and Investment Firm Resolution Fund with ex‑ante and ex‑post financing, borrowing and mutualisation arrangements for group resolution, and create resolution colleges for cross‑border cooperation. They limit judicial review, impose confidentiality duties, and provide administrative and criminal sanctions for false information, obstruction or breaches of duties, while setting procedures for publication, appeals and third‑country co‑operation.