Each year, pursuant to Article 70(2) of Regulation (EU) No 806/2014 (“SRMR”), the Single Resolution Board (“SRB”) shall determine the annual contributions to be raised from the institutions in scope of Article 2 SRMR (“Institutions”).
Target level verification for 2027 contribution period
The initial period referred to in Article 69(1) of Regulation (EU) 806/2014 (the “Initial Period”) ended on 31 December 2023. As it was done during the 2024, 2025 and 2026 contribution cycles, in the 2027 cycle, the SRB will verify again whether the available financial means in the Single Resolution Fund (the “SRF”) have diminished below the target level, equal to at least 1% of the total amount of covered deposits held, by the concerned institutions in all of the participating Member States.
Should the available financial means in the SRF be below the target level (because of a sharp increase in covered deposits and/or a depletion of the available financial means), the Board will assess whether contributions to the SRF must be calculated and raised.
Consequently, the SRB needs to ensure preparedness for a possible collection, irrespective of whether a collection would ultimately take place or not. In particular, the SRB has to take the same preparatory steps that it has taken during the Initial Period, to ensure that, if necessary, it will be in a position to calculate and raise contributions to the SRF in the 2027 contribution period, in compliance with the applicable legal framework.
An update, including the official documentation for the 2027 cycle (final version of the 2027 Data Reporting Form and Taxonomy) key steps and the preliminary timeline of the 2027 contributions cycle, will be published by Q4 of 2026.
2027 SRF Data Collection
In line with Article 14 of Commission Delegated Regulation 2015/63, the SRB will collect the data needed for the calculation of the 2027 contributions to the SRF. The NRAs of the Member States participating in the Banking Union are responsible for collecting the data from the Institutions authorised in their jurisdiction and for providing it to the SRB.
Data format accepted by the SRB
The NRAs can provide the data of the Institutions for the 2027 ex-ante contributions period to the SRB exclusively in XBRL-XML (eXtensible Business Reporting Language) format.
SRF Taxonomy
In order to facilitate testing by NRAs and Institutions in scope and in line with the common practice for XBRL-based data collections, the SRB provides the following material:
Publishing date
