In Europe, we have built our resolution framework from scratch in just a few short years. This required prioritising tasks in the initial phases. Up to now, we have mainly focused on the operationalisation of the bail-in tool, as it is the preferred resolution strategy for most of the banks under...
Today, the SRB publishes a document which describes elements that banks should consider for the operationalisation of the bail-in in respect of international bearer debt securities issued by and safekept in the international central securities depositories (ICSDs), Euroclear Bank (EB) and...
[Introduction] Thank you to Bruegel for taking the initiative to organise this series of online events. We have all had to adapt to the online way of working, and I am more than happy to share my thoughts on the subject of banking resolution and how it fits into the overall crisis management...
Check against delivery [Introduction] Good morning Madame Chair, Honourable members of the European Parliament, Today my speech will be split into two parts: Firstly , I’d like to cover some of the main items since I last came before this committee in October; mainly the progress in resolution...
SRB approach to the eligibility of UK law instruments without bail-in clauses after Brexit The Single Resolution Board (SRB) has published a communication on its approach to liabilities governed by UK law without a contractual bail-in recognition clause as eligible for minimum requirement for own...
