‘Complete resolution plans for all banking groups under SRB remit by 2020,' says Elke König Brussels – 01 07 2019 The SRB today published its 2018 Annual Report, which gives an overview of its work and highlights achievements and progress. Work on more than 100 resolution plans for banks under the...
The Single Resolution Board has today published an update to its policy on minimum requirement for own funds and eligible liabilities (MREL) in light of the publication of the Banking Package in the Official Journal of the EU on 7 June 2019.
Senior officials representing resolution, regulatory and supervisory authorities, central banks, and finance ministries in the United States, the United Kingdom, and the European Banking Union will hold a meeting on Saturday, April 13, as part of a series of regular exchanges to enhance...
The Single Resolution Board (SRB) announces the appointment of Mr Sebastiano Laviola as Member of the Board and Director of Resolution Strategy and Cooperation. He will take up his duties on 1 May, 2019. Mr Laviola, an Italian national, is a Central Director of Banca d’Italia, where he has served...
Brussels – 27 03 2019 The European Commission, in consultation with the Single Resolution Board (SRB), has launched the process to select and appoint three new Board Members. The terms of office for the Board Members appointed in 2014, which are not renewable under the Single Resolution Mechanism,...
Brussels – 19 February 2019 The Single Resolution Board (SRB) has today published its Framework for Valuation. The objective of this Framework for Valuation is to provide independent valuers and the general public with an indication of the SRB’s expectations regarding the principles and...
The Nordic and Baltic financial stability authorities have conducted a joint financial crisis management exercise. The exercise was held from 22 to 23 January 2019 and involved 31 authorities from Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden as well as relevant European...
Brussels – 16/01/2019 The Single Resolution Board (SRB) has today published the second part of its 2018 policy on the minimum requirement for own funds and eligible liabilities (MREL) pertaining to the second wave of resolution plans; i.e. the plans for the most complex banking groups. MREL...
On the 15th October 2018, the Single Resolution Board held its annual conference in Brussels. This event - occurring ten years after the financial crash that eventually brought the SRB into existence - gave panellists and speakers the opportunity to reflect on the changes made in the decade since...
The Single Resolution Board (SRB) has today published its 2019 Work Programme , setting out its priorities and core tasks for the year ahead. The SRB’s main duty is to ensure that every bank is resolvable and thus help contribute to financial stability in Europe and across the world. Last year, the...
