Press releases

Press releases | 20 March 2018

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 Slovenian national, has been serving as Governor of the Bank of Slovenia and Member of the...
Press releases | 24 February 2018

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 banks. As a...
Press releases | 2 February 2018

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, the SRB has decided to publish additional...
Press releases | 23 January 2018

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 Canada and the European Union and,...
Press releases | 20 December 2017

SRB, together with NRAs, publishes 2017 MREL Policy

The Single Resolution Board (SRB), together with the Banking Union national resolution authorities (NRAs) publishes its 2017 policy statement on the minimum requirement for own funds and eligible liabilities (MREL), which serves as a basis for setting consolidated MREL targets for banks under the...
Press releases | 19 December 2017

Single Resolution Board Chair's term of office extended

On 18 December, the mandate of Ms Elke König, Chair of the Single Resolution Board (SRB) was extended for additional five years as of 23 December 2017. Ms König was appointed Chair of the SRB at the end of 2014 for an initial period of three years. Yesterday’s decision follows a hearing of the SRB...
Press releases | 16 March 2018

SRB and Federal Deposit Insurance Corporation sign Cooperation Arrangement

fdic_logo.png epso_logo_singleresolutionboard_cmyk.jpg 14 December 2017 The Cooperation Arrangement (CA) between the Single Resolution Board (SRB) and the Federal Deposit Insurance Corporation (FDIC) further strengthens the close cooperation between the two organizations in compliance with the...
Press releases | 12 November 2018

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 multi-annual programming document , including its Work Programme 2018. The SRB sets out an ambitious roadmap for improving the resolvability of the banks under its remit over the next three years. Key...
Press releases | 16 March 2018

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-confidential nature . The SRB is now analysing...
Press releases | 12 December 2017

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 fostering a strong cooperation with all its stakeholders. Since...

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