Single Resolution Board expectations to ensure resolvability of banks in the context of Brexit
The SRB has the mandate to ensure resolvability of all the banks under its remit. The SRB expects all banks active in the Banking Union to meet a specific set of resolvability conditions. This paper focuses on six main areas: MREL eligibility, internal loss absorbency, operational continuity,...
In an effort to facilitate the rapid conversion of 2019 LDRs generated in Excel format to XBRL instances, a minor update to the Excel version of the 2019 LDR template is required. The update concerns the formatting of the list of values in some of the drop down lists in the Excel template....
Single Resolution Board Publishes 2019 Work Programme
The Single Resolution Board (SRB) has today published its 2019 Work Programme, setting out its priorities and core tasks for the year ahead. The SRB’s main duty is to ensure that every bank is...
Single Resolution Board Enters into New Arrangements with Mexico’s Institute for the Protection of Bank Savings (IPAB) & the Bank of Albania
The Single Resolution Board (SRB) has signed Cooperation Arrangements with Mexico’s Institute for the Protection of Bank Savings (IPAB) and the Bank of Albania.
The new arrangements further strengthen existing close cooperation in order to maintain financial stability....
Banco Popular Español (BPE) Resolution: Registered shareholders and creditors deemed eligible can submit their written comments until 26 November 2018
As previously announced, the SRB is opening the second phase of the right to be heard process. Former shareholders and creditors of BPE affected by the resolution actions and deemed eligible in the registration phase will be able to submit their...
