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The SRB has published its Resolution Planning Cycle Booklet for 2023.

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...

This note is aimed at reporting to the Eurogroup of 15 May 2023 on:

1. resolvability progress of SRB banks;
2. the Single Resolution Fund (SRF) and Common Backstop; and
3. the SRB's strategic review

This reporting takes place twice a year, in parallel with...

The European crisis management framework is a strong, flexible framework that is well-designed to manage bank failure. However, work remains to be done to enhance the framework. I will focus on two key issues: ensuring we have the options needed to manage...

The EU’s resolution authority is investigating how to adjust to the pressure from digital bank runs, which accelerated the failures of U.S. lenders in March.

Dominique Laboureix, the chair of the Single Resolution Board (SRB), which works to prevent and...

The Single Resolution Board is pleased to invite media representatives to its annual press breakfast in Brussels, on the 25 April. The event will be in person and online.

The press will have the opportunity to meet the new SRB Chair, Dominique Laboureix...

Malaysia Deposit Insurance Corporation (PIDM) and the Single Resolution Board (SRB), the European Banking Union’s resolution authority, have announced a Cooperation Arrangement (CA) to enhance cross-border communication and cooperation for resolving...

Dominique Laboureix, chair of the European Union’s Single Resolution Board, said he wanted to send a clear message to investors that the regulator would uphold the legal framework for absorbing losses in the case of another bank failure.

• The Swiss decision has led some Credit Suisse AT1 bondholders to consider legal action, and it sparked uncertainty for bondholders around the world.
• “We wanted to tell it very clearly to the investors, to avoid to be misunderstood: we have no choice...

BRUSSELS — The EU shouldn’t ignore financial-market jitters over the health of the banking sector, the head of the European authority for managing bank failures said, as he warned a lack of trust could spiral despite the resilience of the sector.

Bank...

EU plans to bring more mid-sized banks into the resolution framework and tinker with the conditions for a rainy-day fund for bank failures won’t be a “free lunch,” according to the head of the European authority for handling bank failures.

• Read on...

Dans un entretien exclusif à L’Agefi, Dominique Laboureix, président du Conseil de résolution unique (SRB) européen depuis fin novembre, juge que la gestion des crises SVB et Credit Suisse ne remet pas en cause le modèle européen

• Read the article...

Single Resolution Board chair adamant Brussels will not take investors in bank debt ‘by surprise’

A senior EU policymaker has pledged not to wrongfoot investors by upending bank creditor hierarchies, after a market uproar at Switzerland’s decision to...

 The SRB will hold its second legal conference on Thursday, 27 April 2023.

The virtual conference will be organised around a number of expert panels made up of senior legal practitioners in the field, distinguished judges and globally eminent academics...

"Today, I take up my new role as Chair of the Single Resolution Board, the organisation charged with planning for and managing bank failure in the Banking Union..." 

Read more of new SRB Chair Dominique Laboureix's first blog post here.

The Single Resolution Board and the European Central Bank have revised their Memorandum of Understanding in order to further enhance cooperation and information exchange.

The SRB Chair, Elke König, and the Chair and Vice-Chair of the ECB Supervisory...

The Single Resolution Board is planning to award a Multiple Framework Service Contract with reopening of competition for the provision of advice and assistance on economic and financial valuation services.

The maximum budget is EUR 60.000.000 for up to 4...

On 19 September 2022, the Single Resolution Board (SRB) held its seventh annual conference under the title European banks: resolvable and ready for crisis? 

The day’s discussions focused on the steps needed to take bank resolvability to the next step —...

This note is aimed at reporting to the Eurogroup of 7 November 2022 on:

1. resolvability progress of SRB banks;
2. the build-up of the Single Resolution Fund (SRF); and
3. lessons learned from recent cases, for the benefit of the upcoming crisis management...

The EU’s Single Resolution Board (SRB) and the Central Bank of Montenegro (CBCG) are pleased to announce a Cooperation Arrangement. The new arrangement is on the exchange of information and cooperation on Resolution planning and implementation for banks...

On 24 October, 17:05 – 18:30, ECON will hold public hearings with the candidates proposed by the Commission for the Chair and for one other permanent position on the Single Resolution Board.

• More information

The SRB and the European Central Bank (ECB) have reached an “in principle” agreement on the margin for redeeming eligible liabilities under Article 78a(1)(b) of Regulation (EU) No 575/2013 (CRR). The new “in principle” agreement is applicable to...

“Europe will not be made all at once, or according to a single plan. It will be built through concrete achievements which first create a de facto solidarity”.

These words, from the 1950 Schuman declaration, are still very pertinent today. As Chair of...

Following the cancellation of tender SRB/OP/1/2021 and prior to relaunching the tender for the provision of legal advice, the SRB is organising an info session with the aim to provide information to all interested candidates as well as give them the...

The Single Resolution Board (SRB) and South Korean’s Deposit Insurance Corporation (KDIC) have signed this week a cooperation arrangement, holding a virtual signing ceremony to facilitate closer cooperation and learning on resolution planning.

The Single...