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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Recent news
On 19 September 2022, the Single Resolution Board (SRB) held its seventh annual conference under the title European banks: resolvable and ready for...
This note is aimed at reporting to the Eurogroup of 7 November 2022 on:
- resolvability progress of SRB banks;
- the build-up of the Single...
The EU’s Single Resolution Board (SRB) and the Central Bank of Montenegro (CBCG) are pleased to announce a Cooperation Arrangement. The new...