This year has seen the SRB go through a major transition. The SRB became operational in the area of resolution planning in January 2015 and will assume full responsibility for resolution cases as of January 2016.
The priorities for the SRB in 2015 include capacity building, shaping the resolution function and competency, building up the SRF, formalising agreements and memoranda of understanding with the key bodies mentioned above and putting in place an adequate governance structure. These are all discussed in this document.
These activities put the SRB on the right track to achieve the main objective of its first year of operation: being ready to assume its full resolution powers in January 2016.
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