The SRB welcomes the adoption of the Daisy Chains Act by the European Parliament on 27 February. This will allow resolution authorities more scope in setting internal minimum requirements for own funds and eligible liabilities (MREL) in banking groups, in order to ensure sufficient loss-absorbing capacity. It also simplifies MREL treatment for liquidation entities. The SRB will implement the new rules in its MREL policy.
Contact our communications team
Recent news
The SRB welcomes the political agreement reached between the European Parliament and EU Member States on the Crisis Management and Deposit Insurance...
- SRB Chair Dominique Laboureix and Latvijas Banka's Governor Mārtiņš Kazāks mark 10 years of banking resolution and financial stability in Europe
- Latvij...
This note is aimed at reporting to the Eurogroup of May 2025 on:
- 1. ex-ante capacity building by the banks
- 2. operationalisation of those capabilities
- 3...
Related news and press releases
Today, the SRB publishes a communication on the changes to its MREL policy to be implemented in line with the Daisy Chains Act, which was adopted...
The SRB welcomes the adoption of the Daisy Chains Act by the European Parliament on 27 February. This will allow resolution authorities more scope in...