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SRB welcomes European Parliament Daisy Chains Act adoption

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The SRB welcomes the adoption of the Daisy Chains Act by the European Parliament on 27 February. This will allow resolution authorities more scope in setting internal minimum requirements for own funds and eligible liabilities (MREL) in banking groups, in order to ensure sufficient loss-absorbing capacity. It also simplifies MREL treatment for liquidation entities. The SRB will implement the new rules in its MREL policy.

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Head of Communications & Spokesperson
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Susan Carroll
Email
Susan.Carroll [a] srb.europa.eu
Phone:
+ 32 2 490 3439
Mobile:
+32 470 96 48 01
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Speechwriter & Communications Expert
Name
Seán De Búrca
Email
Sean.de-Burca [a] srb.europa.eu
Phone:
+32 2 490 3710
Mobile:
+32 477 02 87 10
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Senior Communications Expert
Name
Camille De Rede
Email
Camille.de-Rede [a] srb.europa.eu
Phone:
+32 2 490 3530
Mobile:
+32 477 028 530

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