This planning process consists of three mutually dependent components. First, the responsible authorities agree on an assessment on the banking group’s resolvability, the aim being to examine the practicability and credibility of a resolution strategy. Any impediments to resolution should be identified and removed.
In November of last year, the G20 committed themselves to carry out such assessments for all global systemically important banks by  3  S Claessens, R J Herring and D Schoenmaker, A Safer World Financial System: Improving the Resolution of Systemic Institutions, 2010. 4  Quoted from A Turner, The Turner Review: A regulatory response to the banking crisis, March 2009.