There is no doubt that 2020 was a milestone year in many people’s lives. At the SRB, 2020 also saw us hit two major milestones from a resolution planning perspective. The first of these was the introduction of a new resolution planning cycle (RPC) based on a 12-month period. The ‘construction’...
Check against delivery [Introduction / Cooperation with the Swiss] Thank you Peter, First of all, thank you to the Swiss Finance Council for organising this event. Given the very international and interconnected nature of finance, and the importance of the financial sector of Switzerland globally,...
The SRB has today launched a streamlined consultation process in relation to the 2021 ex-ante contributions to the Single Resolution Fund (SRF). In particular, institutions have the opportunity to review the SRB’s preliminary Master Decision for the 2021 ex-ante contributions before its adoption,...
The SRB has published an overview of the resolution tools available in the Banking Union and their impact on a bank’s ability to maintain continuity of access to financial market infrastructures (FMIs) services in resolution. It also covers the resolution framework and the relevant legal provisions...
Check against delivery [Introduction] Thank you Markus, and good afternoon honourable members of the European Parliament, fellow speakers, ladies and gentlemen, It is my pleasure to address this Working Group on Financial Services. Although it would have been great to have been able to interact...
