He sees himself as "one of the faces of European banking union". The chairman of the Single Resolution Board, Dominique Laboureix, was on a working visit to Luxembourg at the end of November. This was part of his tour of the 21 countries participating in the European framework for the supervision and management of banking crises. Alongside his meeting with officials from the Luxembourg Financial Sector Supervisory Commission (CSSF), he spoke to Paperjam about the central - but little-known - role of the SRB.
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The Single Resolution Board is the central authority responsible for resolving banking crises in the eurozone. During a visit to Luxembourg, its chairman, Dominique Laboureix, described the market as resilient but vulnerable. The next crisis will not necessarily come from the banks, he believes.
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