One area where a barrier to resolvability may arise is where the Bank is unable to obtain sufficiently timely and robust valuations to support the effective use of resolution tools. Robust valuations are critical to ensuring that resolution action is sufficient to address the full extent of losses, that creditors are treated fairly through resolution, and that risks to public funds are minimised. The Bank has released a consultation paper setting out its proposed policy on the valuation capabilities firms should have in place to support resolvability. This policy includes principles for the data, information, models, processes, and governance arrangements that firms are expected to establish, maintain, and demonstrate. The Bank welcomes views on this consultation paper by 17 November 2017.