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The Single Resolution Board (SRB) and Japan’s Financial Services Agency (FSA) have agreed to cooperate on resolution planning for banks, through an exchange of letters. The letters were signed on 11 October 2019 in Tokyo at the EU-Japan Joint Financial...

The Single Resolution Board (SRB) is moving into the final phase of the right to be heard process regarding its preliminary decision whether to compensate the shareholders and creditors affected by the resolution actions concerning Banco Popular Español S...

The EU’s banking resolution authority, the Single Resolution Board (SRB), has today outlined what it expects will happen after the UK formally leaves the EU.

Under the Withdrawal Agreement agreed between the UK and the EU27, there will be a Transition...

The Single Resolution Board’s procedure to assess applications to reduce eligible liabilities instruments under Article 78a of the Capital Requirements Regulation will remain in place until the relevant European Banking Authority’s Regulatory Technical...

Senior officials from EU and national resolution, regulatory and supervisory authorities will hold a planned coordination exercise on 9 & 10 December 2019, as part of ongoing efforts to strengthen crisis preparedness.

The Single Resolution Board (SRB)...

The Single Resolution Board (SRB) takes note of yesterday’s judgments of the General Court of the European Union annulling the SRB’s decisions on the 2016 ex-ante contributions of Banco Cooperativo Español, Portigon, and Hypo Vorarlberg Bank to the Single...

The Chair of the Single Resolution Board (SRB), Elke König today presents the SRB’s 2017 Annual Report at the European Parliament’s Committee on Economic and Monetary Affairs in Brussels. 

The report takes stock of the work and the progress made in 2017...

The Single Resolution Board (SRB) today launches its first public consultation on its ‘Expectations for Banks’ document, which outlines best practice on key aspects of resolvability. The consultation is part of the SRB’s commitment to listening to the...

The Single Resolution Board (SRB) has today published its 2020 Work Programme, setting out its priorities and core tasks for the year ahead. 2020 is the final year of the SRB’s 2018-2020 multiannual work programme and will mark the fifth anniversary of...

The Single Resolution Board (SRB) congratulates Dominique Laboureix for his appointment as Secretary-General of the French national supervisory and resolution authority, l’Autorité de Contrôle Prudentiel et de Résolution (ACPR). He will move to the ACPR...

Today, the Single Resolution Board (SRB) is holding its fourth conference in Brussels. The annual event brings together industry, public authorities and key stakeholders in bank resolution to assess progress and priorities for action.

The theme this...

The definition of a bank’s size as small, medium or big is relative. The Banking Union (BU) established a definition for significant institutions and a dedicated framework. However, there are many other institutions as well as significant institutions...

Following the European Central Bank’s assessment of AS PNB Banka as failing or likely to fail, the Single Resolution Board has today decided that resolution action is not necessary. The Latvian bank will be wound up under national law.

The SRB assessed...

The Single Resolution Board (SRB) today announced that the Single Resolution Fund (SRF) received a cash injection of €7.8 billion from 3,186 institutions for the year 2019. This brings the total amount in the SRF to just under €33 billion. The target size...

Brussels – 03 07 2019

The Single Resolution Board (SRB) has today published a paper outlining its approach to an important element of the resolution framework, the Public Interest Assessment (PIA).

The PIA examines whether the resolution of a particular...