The Single Resolution Board responded to the European Commission targeted consultation on the review of the bank crisis management and deposit insurance (CMDI) framework. About the consultation In the aftermath of the global financial crisis, the EU laid down the rules for handling bank failures...
In Europe, we have built our resolution framework from scratch in just a few short years. This required prioritising tasks in the initial phases. Up to now, we have mainly focused on the operationalisation of the bail-in tool, as it is the preferred resolution strategy for most of the banks under...
Today, the SRB publishes a document which describes elements that banks should consider for the operationalisation of the bail-in in respect of international bearer debt securities issued by and safekept in the international central securities depositories (ICSDs), Euroclear Bank (EB) and...
[Introduction] Thank you to Bruegel for taking the initiative to organise this series of online events. We have all had to adapt to the online way of working, and I am more than happy to share my thoughts on the subject of banking resolution and how it fits into the overall crisis management...
Check against delivery [Introduction] Good morning Madame Chair, Honourable members of the European Parliament, Today my speech will be split into two parts: Firstly , I’d like to cover some of the main items since I last came before this committee in October; mainly the progress in resolution...
