The SRB welcomes the adoption of the Daisy Chains Act by the European Parliament on 27 February. This will allow resolution authorities more scope in setting internal minimum requirements for own funds and eligible liabilities (MREL) in banking groups, in order to ensure sufficient loss-absorbing capacity. It also simplifies MREL treatment for liquidation entities. The SRB will implement the new rules in its MREL policy.
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This note is aimed at reporting to the Eurogroup of 4 November 2024 on:
- Progress on resolvability in the Banking Union;
- Implementation of the Vision...
It is with sadness that the SRB learned of the loss of Appeal Panel Vice-Chair Luís Silva Morais.
Please see here for an 'In memoriam' message from the...
Meet our Chair Dominique Laboureix and Board Member Karen Braun-Munzinger, responsible for Resolution Policy & Cooperation, at the SRB's press...
Related news and press releases
Today, the SRB publishes a communication on the changes to its MREL policy to be implemented in line with the Daisy Chains Act, which was adopted...
The SRB welcomes the adoption of the Daisy Chains Act by the European Parliament on 27 February. This will allow resolution authorities more scope in...