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 preserving financial stability.
To safeguard the resolution objectives, the resolution plans are updated on an annual basis taking into account changes in the market and in banks themselves, to make sure that there are ready-to-go plans that can be immediately operational if needed.
The resolution planning cycle (RPC) aligns the resolution planning of the banks under the SRB remit on the same 12-month cycle running from April to March.
The booklet informs stakeholders about the SRB’s resolution planning activities and describes the main processes and phases of the current Resolution Planning Cycle.
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The SRB will hold its second legal conference on Thursday, 27 April 2023.
The virtual conference will be organised around a number of expert...
On the 1st of January, Croatia became the 20th EU country to join the Eurozone.
Back in October 2020, Croatia joined the Single Resolution...
"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...