Tasks of the SRB

 Main Tasks

  • To draft resolution plans for the banks under its direct responsibility. This includes the banks under the direct supervision of the SSM and all cross-border groups
  • To carry out an assessment of the banks’ resolvability and to adopt resolution plans
  • To address any obstacles to resolution and cooperate on resolving them
  • To set the minimum requirements for own funds and eligible liabilities (MREL)
  • To follow up on early intervention measures
  • To trigger resolution (with the ECB)
  • To adopt resolution decisions, to choose and decide on the use of resolution tools
  • To closely cooperate with and give instructions to national resolution authorities


Read the Introduction to Resolution Planning


One of the key tasks of the SRB and NRAs is to draft resolution plans for the banks.

Resolution plans are prepared by the SRB and NRAs within the forum of IRTs. IRTs are the main fora via which the SRB and NRAs cooperate in performing resolution activities (resolution planning and preparation of resolution schemes) at expert level. IRTs are composed of staff of the SRB and of the relevant NRAs, and are headed by coordinators appointed from the SRB’s senior staff. The purpose of a resolution plan is to determine the bank’s critical functions, to identify and address any impediments to its resolvability and to prepare for its possible resolution. A resolution plan is a comprehensive document, which details the characteristics of a bank and describes the preferred resolution strategy for that bank, including which resolution tools to apply. It concludes with a resolvability assessment of the bank. The purpose of this assessment is to identify and to address any impediments to the resolution of the bank and to set its MREL.

The SRB is also in charge of the SRF. The SRF is financed by the banking sector. It has been set up to ensure that financial support is available as a last resort, after private solutions have been ruled out and after the owners and creditors have borne losses.


Contact the Single Resolution Board

Treurenberg 22, 1049 Brussels

+32 (0) 2 490 30 00