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Today, the Single Resolution Board (SRB) is delighted to report that it will take over full responsibility for bank resolution as planned on 1 January 2016. The number of Member States needed to validly ratify the Intergovernmental Agreement (IGA) on the Single Resolution Fund (SRF) was reached in due time for the SRB to be fully operational as of the beginning of next year.
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- Guidance is now aligned with the resolvability self-assessment requirements.
- Update does not introduce new deliverables, but an operational framework...
Press releases
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The Single Resolution Board is today able to announce that the Single Resolution Fund’s target level remains reached as of the end of 2025. “Therefore...