Derivatives Association (ISDA) in connection with the on-going development of the ISDA Resolution Stay Protocol to apply in a cross-border resolution of a bank so that failing, globally significant banks can be restructured in an orderly manner.

не нашел на русском...

Получается, что resolution - это даже не урегулирование, а реструктуризация (или урегулирование в отношении несостоятельного или близкого к несостоятельности) банка...

А stay - приостановление действия (возможно, процедуры банкротства) на период действия Протокола?

https://www2.isda.org/functional-areas/protocol-management/faq/20

см.http://europa.eu/rapid/press-release_MEMO-14-297_en.htm

"What is bank resolution?
....
'Resolution' means the restructuring of a bank by a resolution authority, through the use of resolution tools, to ensure the continuity of its critical functions, preservation of financial stability and restoration of the viability of all or part of that institution, while the remaining parts are put into normal insolvency proceedings..."

[PDF]The BRRD, the Stay Protocol and the impact on derivatives - Ashurst
https://www.ashurst.com/doc.aspx?id_Content=11452

"The Stay Protocol is a multi-lateral contractual
mechanism to facilitate cross-border recognition of the
"stay" of termination rights under SRRs such as the
BRRD ( EU Bank Recovery and Resolution Directive).
Such stay or suspension aims to give
regulators time to deal with a distressed financial
institution in an orderly fashion, without the market
instability that would be wrought by the institution's
counterparties closing out their transactions at the
same time. The Stay Protocol is the product of a
coordinated effort by regulators and the derivatives
industry. "

http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32014L0059
"In order to ensure that resolution authorities, when transferring assets and liabilities to a private sector purchaser or bridge institution, have an adequate period to identify contracts that need to be transferred, it might be appropriate to impose proportionate restrictions on ***counterparties’ rights to close out, accelerate or otherwise terminate financial contracts before the transfer is made. Such a restriction would be necessary to allow authorities to obtain a true picture of the balance sheet of the failing institution, without the changes in value and scope that extensive exercise of ** termination rights would entail. In order to interfere with the contractual rights of counterparties to the minimum extent necessary, **the restriction on termination rights should apply only in relation to the crisis prevention measure or crisis management measure, including the occurrence of any event directly linked to the application of such a measure, and rights to terminate arising from any other default, including failure to pay or deliver margin, should remain"