Following its adoption by the UNIDROIT Governing Council at its 105th session (May 2025), the official English version of the UNIDROIT Legislative Guide on Bank Liquidation is now available free of charge in electronic format on the UNIDROIT website. Please visit the following link: https://www.unidroit.org/instruments/legislative-guide-on-bank-liquidation/. Other language versions will be released shortly.
The Legislative Guide provides guidance for legislators and policymakers on how to design and implement effective legal frameworks for liquidating banks whose failure does not have a systemic impact. As such, it complements existing international guidance on insolvency law and bank failure management. The Guide is organised into ten Chapters and contains 105 Recommendations addressing core issues that should be considered in an effective bank liquidation framework.
The Legislative Guide is the result of a project undertaken by UNIDROIT in partnership with the Financial Stability Institute (FSI) of the Bank for International Settlements. Initially proposed by the European Banking Institute and the Bank of Italy, the Guide was developed over a three-year period by a Working Group chaired by UNIDROIT Governing Council Member Professor Stefania Bariatti and composed of international legal experts in insolvency law and bank failure management.