The SRB has today opened a consultation on the operational guidance for banks on resolvability self-assessment. The consultation is part of the SRM Vision 2028 strategy to ensure that European banks are equipped for the future and crisis-ready, based on a revised methodology encompassing lessons...
The banking system is much more resilient today, but risks are never excluded. Dominique Laboureix, Chair of the Single...
The Single Resolution Board is the central authority responsible for resolving banking crises in the eurozone. During a...
Consultations
Public consultation on the Operational guidance for banks on resolvability self-assessment
The SRB aims to consult the banking industry and relevant stakeholders on its Operational guidance for banks on resolvability self-assessment.
Now that the phase-in period of the Expectations for Banks has come to an end, the SRB is revising its resolvability assessment methodology, known as the...
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About the Single Resolution Board
The Single Resolution Board (SRB) is the central resolution authority within the Banking Union. Together with the National Resolution Authorities of participating Member State, it forms the Single Resolution Mechanism.
The SRB tries 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 MS and beyond.
The role of the SRB is proactive: rather than waiting for resolution cases to manage, the SRB focuses on resolution planning and enhancing resolvability, to avoid the potential negavite impacts of a bank failure on the economy and financial stability.
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Procurement
The SRB buys services and supplies through public procurement calls, in line with EU legislation and the basic principles of transparency, equal treatment and non-discrimination, widest competition, proportionality and sound financial management.
- Notification to all parties interested in participating in SRB tendering procedures
- Data protection notice
- SRB Financial Regulation 2020
- Title VII of the general Financial Regulation (Regulation (EU, Euratom) No 2018/1046 and its Annex 1 shall apply, subject to Article 84 of the SRB Financial Regulation 2020.