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The Single Resolution Board is today able to announce that the Single Resolution Fund’s target level remains reached as of the end of 2025. “Therefore, unless circumstances change, banks will for the third year in a row not need to contribute to the Single Resolution Fund for the coming year,” said...
The Single Resolution Board (SRB) has published a public call for expressions of interest in the appointment of one...
The Single Resolution Board (SRB) has published the official report of its SRM 10th Anniversary Conference, held in...
Consultations
Public consultation on the Operational Guidance for banks on Business Reorganisation Plan Analysis Reports and quantitative template
The application of the bail-in tool requires reasonable prospects of financial soundness and long-term viability for its application. Following the implementation of the bail-in tool, institutions are required to prepare and deliver a Business Reorganisation Plan (BRP) within one month. To ensure...
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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.