Skip to main content

Connect

Contact
Vacancies
Tenders
Glossary
Site map

Search

Search

Main navigation

About
Resolution
Cases
Single Resolution Fund
- Contributions
  - 2025 SRF Contributions Cycle
- Legal acts
News & Media
- News
- Press releases
- Speeches
- Blog
- Interviews
- Infographics
- Podcast
- Videos
- Media contacts
Events
Contributions

Mega menu / Our work

About
The Single Resolution Board's mission

The Single Resolution Board (SRB) is the central resolution authority within the Banking Union, which at present is 20 eurozone countries and Bulgaria. 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.

Read more
Menu: About The SRB

Our organisation

The Board

SRM Strategy

Work programme

Annual report

Public agenda

Annual accounts

Finance and budget
Menu: The SRB in the Banking Union

The SRB in the Banking Union

Single Resolution Mechanism

National Resolution Authorities

Governing bodies

Plenary members

Cooperation

Addressed questions

Administrative contributions
SRB Appeal Panel

SRB Appeal Panel

Thematic register of Appeal Panel decisions
Search in Public Register of Documents

Search in Public Register of Documents

Menu: Engagement and Consultations

Engagement and consultations

Menu: Upcoming consultations and requests to industry

Upcoming consultations and requests to industry

Menu: Procurement

Procurement

Menu: Finance and Budgets

Finance and budget

Menu: Vacancies

Vacancies
Resolution
Resolution planning and policies

The SRB and the national resolution authorities work with banks and credit institutions to ensure everything is in place should a resolution be needed. This involves defining policy and guidance, managing an annual resolution planning cycle and setting targets for minimum requirement for own funds and eligible liabilities (MREL), MREL is one of the key tools in resolvability, ensuring that banks maintain a minimum amount of equity and debt to support an effective resolution.

Read more
Menu: What is a Bank Resolution?

What is a bank resolution?

Banks under the SRB's Remit

Resolvability assessment

Resolution Planning Cycle booklet

Resolution Q&A

Introduction to resolution planning
Resolution tools

Resolution tools

Bail-in: part of SRM’s toolkit

Menu: Reporting

Reporting

2025 Resolution Reporting
Menu: Policies

Policies

Expectations for banks

MREL

Public Interest Assessment

Critical Functions

Menu: Valuation

Valuation

Menu: Operational guidance

Operational guidance

Bail-in implementation

Menu: Staff working papers

Staff working papers

Staff Working Paper Series #4 - The 2023 Banking Turmoil: Implementation Lessons for Resolution Authorities
Cases

Cases

Find out more about the resolution and non-resolution decisions taken by the SRB.

Read more

Latest cases

Sberbank Europe AG

Non resolution case

Sberbank d.d. and Sberbank banka d.d.

Resolution case

Banco Popular

Resolution case

PNB

Non resolution case
Single Resolution Fund
What is the Single Resolution Fund?

The Single Resolution Fund (SRF) is an emergency fund that can be called upon in times of crisis. It can be used to ensure the efficient application of resolution tools for resolving the failing banks, after other options, such as the bail-in tool, have been exhausted. The SRF ensures that the financial industry as a whole ensures the stabilisation of the financial system. All banks across the 21 Banking Union countries must pay a fee annually by law to the SRF.

Read more
Menu: Single Resolution Fund

Contributions

Legal acts
News and media
News and media

Keep up to date with our latest news, press releases, speeches and blog posts here, as well as media contacts for journalists. You can also find information at a glance in our infographics and videos.

Read more
Menu: News and media

News

Press releases

Speeches

Blog

Interviews

Infographics

Podcast

Videos

Media contacts
Recent news and media

SRB launches recruitment for five members of the Appeal Panel

News
|
31 March 2025

SRB launches public consultation on valuing banks in resolution

Press releases
|
02 April 2025

Prepared no matter the size – ensuring crisis readiness for smaller banks in the Banking Union

Blog post
|
08 October 2024

Search in News and Media

Search
Events
Events

Find out more about the SRB's events, public engagements and industry dialogues.

Read more
Menu: Events

SRB Annual Conferences

Public engagements

Industry dialogues

Our events
Oct 15 2025

SRM 10th Anniversary Conference

Read more

Home
Michael Faulend

Michael Faulend

Michael Faulend

Organisation:

Croatian National Bank

Vice Governor - Croatian National Bank

Stay up to date

Subscribe to the RSS feed

Contact the SRB

Address

Treurenberg 22
1049 Brussels
Belgium

Phone number

+32 (0) 2 490 30 00

Working hours

Monday to Friday, 08:30 to 17.30 CET

Single Resolution Board (SRB)

The Single Resolution Board is the central resolution authority within the Banking Union. Its mission is to ensure an orderly resolution of failing banks with minimum impact on the real economy, the financial system, and the public finances of the participating member states and beyond.

Our work

About
Resolution
Cases
Single Resolution Fund
News and media
Events

Connect

Contact
Vacancies
Tenders
Glossary
Site map

Follow the SRB

Twitter
Linkedin
YouTube
SoundCloud

© SRB 2025

Corporate policies:

Data protection
Transparency
Cookies

SRB | Footer - EU institutions

European Union
European Parliament
European Commission
European Central Bank
European Council
Log in