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 RPC Booklet 2021 informs stakeholders about the SRB’s resolution planning activities and describes the main processes and phases of the current RPC that was launched on 1 April 2021.
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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...
This note is aimed at reporting to the Eurogroup of 15 May 2023 on:
- resolvability progress of SRB banks;
- the Single Resolution Fund (SRF) 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...