Brussels – 28 November 2016 Today, the Single Resolution Board (SRB) publishes its 2017 Work Programme . This Work Programme sets out the strategic goals and objectives of the SRB and of the Single Resolution Mechanism as a whole. Its key focus is on resolution planning and resolution readiness and...
Senior officials representing resolution authorities in the United States and Europe on Monday will hold the second in an ongoing series of planned exercises to enhance coordination on cross-border resolution. The discussion exercise will be held on Monday, October 10, and follows a similar...
Brussels – 13 July 2016 In accordance with the Single Resolution Mechanism Regulation (SRMR), the Single Resolution Board (SRB) is pleased to announce the publication of its first Annual Report. The SRB started in January 2015 with a clear focus on resolution planning; since January 2016 the SRB...
Brussels – 6 July 2016 On 30 June 2016, the Single Resolution Board (SRB) collected 6.4 billion euros in contributions to the Single Resolution Fund (SRF). Today, the SRB is pleased to report that it has collected over 10 billion euros in contributions in total from nearly 4000 banks and investment...
Brussels – 29 April 2016 Today, the Single Resolution Board (SRB) is holding its first conference ever in Brussels where it recently found its definitive premises in Treurenberg . "Charting the course: making bank resolution work", is the title of today’s event which shows the determination of the...
Today, the Single Resolution Board (SRB), via the National Resolution Authorities (NRAs) of the Banking Union Member States, starts to collect the data required for resolution planning and the determination of MREL from all banking groups under its direct responsibility. Background - Liability Data...
The total amount of transferred 2015 ex-ante contributions is EUR 4,3bn National resolution funds were set up under the BRRD. For the Member States that are part of the Banking Union, these national resolution funds are replaced by the Single Resolution Fund (SRF) as of 2016. The SRF will be built...
In accordance with the Single Resolution Mechanism Regulation , the entities and groups (142 as of 1 June 2016) which currently fall under the direct responsibility of the SRB are the following: (1) the entities and groups directly supervised by the European Central Bank. (2) other cross-border...
The Single Resolution Board (SRB) welcomes the endorsement of the public bridge financing arrangement for the Single Resolution Fund (SRF) at today’s meeting of the Economic and Financial Affairs Council (ECOFIN). The bridge financing arrangement will cover – as a last resort – temporary financing...
Today, the Single Resolution Board (SRB) is delighted to report that it will take over full responsibility for bank resolution as planned on 1 January 2016. The number of Member States needed to validly ratify the Intergovernmental Agreement (IGA) on the Single Resolution Fund (SRF) was reached in...
