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Guidance, published after public consultation, provides details on the multi-annual testing programme
Regular testing of banks’ ability to deal with a crisis situation contributes to ensuring resolvability
The SRB publishes today its Operational Guidance on Resolvability Testing for Banks, following p...
The Single Resolution Mechanism (SRM), the EU’s framework for managing failing banks, marks its 10th anniversary in 2025...
In last June, Parliament and Council have clinched a political deal that is applicable to all the EU member states, and...
Consultations
Public consultation on the Operational guidance for banks on separability and transferability
The SRB aims to consult the banking industry and relevant stakeholders on its Operational guidance for banks on separability and transferability.
Following the release of the SRM strategy, SRM Vision 2028, which emphasises a transition from resolution planning to a focus on operationalisation...
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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.