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“Implementing EDIS would centralise deposit guarantee funds and align the EU and US more closely."

Given the importance of coordination for managing the failure of international banks, the SRB will strive to work with international authorities to make...

Once the Banking Union is completed there is little reason for ring-fencing writes Elke König

The European Commission’s risk reduction package proposes to implement important international provisions in order to reduce risks and achieve further progress...

MREL is a key tool to improve banks’ resolvability and safeguard taxpayers’ money, writes Elke König

As the SRB keeps saying, MREL is a journey. It is a journey with a clear destination – to ensure banks’ resolvability, thereby strengthening financial...

Takeaways from the first application of the EU’s crisis management framework

Ten years after the outbreak of the financial crisis, the EU and its Member States (MS) today are in a far better position to manage the negative externalities banking can...

The EU Resolution Framework– for more reliable and competitive banks

Elke König, Chair of the Single Resolution Board

In the European Union the BRRD and the SRMR provide a solid basis for successful resolution. They provide a broad range of tools and...