Press releases

Wednesday, 20 June, 2018 - 19:27

Banco Popular - The SRB Appeal Panel adopts further decisions on access to SRB documents

The SRB welcomes clarifications and guidance provided by the SRB Appeal Panel in its new decisions. The SRB is currently analyzing these decisions and assessing the steps that need to be taken to implement them.

On 19 June 2018, the SRB Appeal Panel released its decisions...

Wednesday, 13 June, 2018 - 09:12

Banco Popular Español Resolution: the SRB, having received the final ‘Valuation 3’ report, is preparing the next steps including a dedicated consultation process.

 

Following any resolution action, the Single Resolution Board (SRB) needs to ensure compliance with the ‘no creditor worse off principle’. In this regard, a so-called ‘Valuation 3’ needs to be performed by an independent person as soon as possible after the resolution actions have been...

Monday, 19 March, 2018 - 15:16

SRB announces the appointment of new Board Member

 

 

Brussels – 19 March 2018

The Single Resolution Board (SRB) announces the appointment of Mr Boštjan Jazbec as Member of the Board and Director of Resolution Planning and Decisions.

Mr Boštjan Jazbec, a...

Saturday, 24 February, 2018 - 02:00

The Single Resolution Board does not take resolution action in relation to ABLV Bank, AS and its subsidiary ABLV Bank Luxembourg S.A.

Following the decision by the European Central Bank to declare ABLV Bank, AS and its subsidiary ABLV Bank Luxembourg S.A. as ‘failing or likely to fail’, the Single Resolution Board (SRB) has decided that resolution action is not necessary as it is not in the public interest for these...

Friday, 2 February, 2018 - 09:00

The Single Resolution Board releases the non-confidential version of documents related to the resolution of Banco Popular

 

Brussels, 2 February 2018

The Single Resolution Board (‘SRB’) published today an ‘extensive’ non-confidential version of the Resolution Decision, the Valuation Reports and the 2016 Resolution Plan. To make as much information publicly available as possible,...

Friday, 22 December, 2017 - 09:04

SRB and Canada Deposit Insurance Corporation sign Cooperation Arrangement

 

22 December 2017

The Cooperation Arrangement (CA) between the Single Resolution Board (SRB) and the Canada Deposit Insurance Corporation (CDIC) further strengthens the close cooperation between the two organizations in compliance with the legal frameworks in...

Thursday, 14 December, 2017 - 14:35

SRB and Federal Deposit Insurance Corporation sign Cooperation Arrangement

 

 

Monday, 4 December, 2017 - 09:14

Single Resolution Board publishes first Multi-Annual Programming document, including its Work Programme 2018

 

Brussels – 4 December 2017

Today, the Single Resolution Board (SRB) publishes its first...

Wednesday, 29 November, 2017 - 15:42

The SRB Appeal Panel decides on access to SRB documents with respect to the Banco Popular case

 

The SRB Appeal Panel confirms that full disclosure of the Provisional Valuation Report would raise financial stability concerns. At the same time, it decided that the SRB should make public elements of the Valuation Report it considers to be of a non-...

Friday, 29 September, 2017 - 05:31

Single Resolution Board holds its second conference in Brussels "Building resolvability together"

 

 Brussels – 29 September 2017

 

Today, the Single Resolution Board (SRB) is holding its second conference in Brussels under the theme "Building resolvability together”. The SRB’s focus is on making banks easier to resolve, counting on and...