
- SRB Chair Dominique Laboureix and Latvijas Banka's Governor Mārtiņš Kazāks mark 10 years of banking resolution and financial stability in Europe
- Latvijas Banka hosts Single Resolution Mechanism Plenary Session in Riga
The SRB Chair and Latvijas Banka's Governor today marked 10 years of banking...
The SRB welcomes the political agreement reached between the European Parliament and EU Member States on the Crisis...
The SRB today publishes its MREL dashboard for Q4.2024, which shows that banks continue to meet their MREL targets.
The...
The Single Resolution Board (SRB) will simulate the collapse of a major bank in the coming days to test crisis...
Consultations
Public consultation on Expectations on Valuation Capabilities
Valuations are a critical component when banks are failing or likely to fail, forming the basis for resolution authorities’ decisions in crisis cases. Banks’ capabilities to produce data for valuations are addressed by the SRB’s Expectations for Banks (EfB), Principle 5.2, which requires banks to...
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About the Single Resolution Board
The Single Resolution Board (SRB) is the central resolution authority within the Banking Union. Together with the National Resolution Authorities of participating Member State, it forms the Single Resolution Mechanism.
The SRB tries to ensure an orderly resolution of failing banks with minimum impact on the real economy, the financial system, and the public finances of the participating MS and beyond.
The role of the SRB is proactive: rather than waiting for resolution cases to manage, the SRB focuses on resolution planning and enhancing resolvability, to avoid the potential negavite impacts of a bank failure on the economy and financial stability.
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Procurement
The SRB buys services and supplies through public procurement calls, in line with EU legislation and the basic principles of transparency, equal treatment and non-discrimination, widest competition, proportionality and sound financial management.
- Notification to all parties interested in participating in SRB tendering procedures
- Data protection notice
- SRB Financial Regulation 2020
- Title VII of the general Financial Regulation (Regulation (EU, Euratom) No 2018/1046 and its Annex 1 shall apply, subject to Article 84 of the SRB Financial Regulation 2020.