SRB holds its fifth annual conference in Brussels - Banking resolution: Firm foundations for stability

The Single Resolution Board today brings together industry, public authorities and key stakeholders to discuss progress and challenges for bank resolution. The key topics will be the impact of the Covid-19 pandemic on the industry and resolvability, resolution planning under the second Banking Package and the future of the resolution framework.

The SRB conference of today can be watched online by following this link or via Twitter (@EU_SRB). Join the conversation on Twitter with the hashtag #SRBResolution2020.

Speakers include Nadia Calviño, Vice-President and Minister for Economy and Digitalization, Spain; Carlo Messina, Managing Director and CEO, Intesa Sanpaolo; Jelena McWilliams, Chairman, FDIC; Dorothee Blessing, Managing Director and Co-Head of Investment Banking EMEA, JP Morgan; Andrew Bailey, Governor, Bank of England; Luis Garicano, MEP; Pablo Hernández de Cos, Governor, Banco de España; and many more.

In particular, the conference features opening addresses and keynotes from:

Elke KÖNIG, Chair of the Single Resolution Board: “2020 has been a year of many firsts, and the SRB's conference will be no different. This is the first time we will do a truly hybrid event, and yet at its core, is the theme of coming together; to continue the work that has already been done - building on the foundations that have already been put in place to promote financial stability.”

Nadia CALVIÑO, Minister for Economic Affairs and Digital Transformation, Spain, will look at all that has been achieved in the last five years, in particular the creation of the second pillar of the Banking Union.

Carlo MESSINA, Managing Director and Chief Executive Officer, Intesa Sanpaolo will assess what role his banking group, and other banks can play in emerging from the current crisis, while also taking a look at what is still needed, in order to strengthen the resolution framework.

Pablo HERNANDEZ DE COS, Governor Bank of Spain & Chair, Basel Committee on Banking Supervision will give his view on cooperation with NRAs in the five years since the SRB came into being, as well the priorities for filling the remaining gaps in EU resolution.

Jelena McWILLIAMS, Chairman, Federal Deposit Insurance Corporation (FDIC) will address the conference, explaining the experience stateside in dealing with current economic conditions.

ENDS

About the Single Resolution Board

The Single Resolution Board (SRB) is the central resolution authority within the Banking Union, which at present is 19 eurozone countries, Bulgaria and Croatia. Together with the national resolution authorities it forms the Single Resolution Mechanism. The SRB works closely with the European Commission, the European Central Bank, the European Banking Authority and national authorities. Its mission is to ensure an orderly resolution of failing banks, protecting the taxpayer from state bail-outs, which is promoting financial stability.

Media Contact details

Susan Carroll
Phone: 
+ 32 2 490 3439
Mobile: 
+32 470 96 48 01
Seán De Búrca
Phone: 
+32 2 490 3710
Mobile: 
+32 477 02 87 10
Camille De Rede
Phone: 
+32 2 490 3530
Mobile: 
+32 477 028 530

Contact the Single Resolution Board

Treurenberg 22, 1049 Brussels
Belgium

+32 (0) 2 490 30 00