Resolution planning is about being prepared to deal with failing banks in a controlled way, in order to protect taxpayers and keep providing critical functions to the economy while preserving financial stability.
To safeguard the resolution objectives, the resolution plans are updated on an annual basis taking into account changes in the market and in banks themselves, to make sure that there are ready-to-go plans that can be immediately operational if needed.
The resolution planning cycle (RPC) aligns the resolution planning of the banks under the SRB remit on the same 12-month cycle running from April to March.
The RPC Booklet 2021 informs stakeholders about the SRB’s resolution planning activities and describes the main processes and phases of the current RPC that was launched on 1 April 2021.
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The Single Resolution Board has today published its Annual Report for 2023. The report details the work of the SRB and highlights the progress made in...
Find out more about the SRB’s 2024 resolution planning cycle (RPC) in our new publication. The SRB launched the RPC for banks under its remit in April...
![2020-05-05 European Parliament b&w.jpg](/sites/default/files/styles/col_sm_12_16x9/public/media/image/ep_bw.png?itok=MzkzRHsI)
This note is aimed at reporting to the Eurogroup of 13 May 2024 on the Single Resolution Board’s (SRB) activities. It includes:
1) SRB’s key risk...