Refine
- 159 results found
- (-) News
- (-) Press releases
Results list
On Monday, 4 October, Single Resolution Board Chair Elke König will update the Eurogroup (in Banking Union format) on progress in resolution planning and MREL, as well as the SRB priorities for 2022 in the area of resolvability. The Chair will also give...
The SRB has published an update to information on its approach to prior permissions for eligible liabilities, in line with the draft regulatory technical standards.
This communication complements our guidance published on 28 July 2021 and aims to...
One of the main goals of the ongoing review of the Crisis Management and Deposit Insurance framework is to enhance how we address the failure of medium-sized banks. The lack of diversification of their liabilities (mainly equity and deposits) potentially...
The SRB has published information on its approach to prior permissions for eligible liabilities, in line with upcoming regulatory changes. Read the guidance here.
Today, the Single Resolution Board (SRB) has published its minimum requirement for own funds and eligible liabilities (MREL) dashboard covering the reporting period Q1.2021.
Key findings:
- In percentage of the total risk exposure amount (TREA)...
The Single Resolution Board takes note of the judgment of the European Court of Justice in Joined Cases C-584/20P and C-621/20 P, Commission and SRB v Landesbank Baden-Württemberg.
The Court of Justice finds that the decision of the SRB was indeed...
If you are a frequent visitor to our website, you’ll notice that from today, things have changed somewhat. Along with our fresh new visual identity, we have launched a brand new website.
The new site is designed to help you find all the information...
Today, the Single Resolution Board (SRB) announced the amount of contributions made by banks to the Single Resolution Fund (SRF) for 2021. All banks in the Banking Union and some investment firms are required by law to pay annual levies into an...
The SRB today published its 2020 Annual Report detailing the progress made in promoting financial stability while protecting the taxpayer through Europe's banking resolution framework.
In 2020, despite the pandemic, the SRB continued to make progress...
The SRB has published today its policy on how banks can notify the authorities when bail-in recognition clauses cannot be added to contracts under third-country law. This explains how the SRB will apply, in practice, the rules set out in Article 55(2)...
The SRB has today published a revised approach to the Public Interest Assessment policy (PIA) in resolution planning.
The updated approach takes into account that a bank’s failure may take place not only under an idiosyncratic scenario, but also under...
Today, the Single Resolution Board (SRB) publishes its updated ‘Minimum Requirements for Own Funds and Eligible Liabilities (MREL) Policy under the Banking Package’. The updated policy introduces a number of new elements and refinements, based on the...
The Chair of the Single Resolution Board, Elke König will inform on Friday 21 May 2021 the Eurogroup ministers about ongoing activities of the SRB, focusing on progress regarding resolution planning, resolvability and minimum requirement for own funds and...
Today, the SRB published key considerations on the crisis management and deposit insurance (CMDI) framework review.
- Please read the attached document.
Find here the SRB response to the European Commission targeted consultation on the...
Today, the SRB publishes new guidance on liquidity and funding in resolution. Banks are likely to face liquidity stress in resolution because of the reluctance of market participants to roll-over or provide funding to a bank in crisis. Even after a...
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 Single Resolution Board responded to the European Commission targeted consultation on the review of the bank crisis management and deposit insurance (CMDI) framework.
About the consultation
In the aftermath of the global financial crisis, the EU...
In Europe, we have built our resolution framework from scratch in just a few short years. This required prioritising tasks in the initial phases. Up to now, we have mainly focused on the operationalisation of the bail-in tool, as it is the preferred...
Today, the SRB publishes a document which describes elements that banks should consider for the operationalisation of the bail-in in respect of international bearer debt securities issued by and safekept in the international central securities...
SRB approach to the eligibility of UK law instruments without bail-in clauses after Brexit
The Single Resolution Board (SRB) has published a communication on its approach to liabilities governed by UK law without a contractual bail-in recognition...
The SRB has today launched a streamlined consultation process in relation to the 2021 ex-ante contributions to the Single Resolution Fund (SRF).
In particular, institutions have the opportunity to review the SRB’s preliminary Master Decision for the...
The SRB has published an overview of the resolution tools available in the Banking Union and their impact on a bank’s ability to maintain continuity of access to financial market infrastructures (FMIs) services in resolution. It also covers the resolution...
The Single Resolution Board (SRB) has today published its minimum requirement for own funds and eligible liabilities (MREL) dashboard covering the reporting period Q3.2020.
Key findings:
- The average BRRD1 MREL target, in percentage of the total...