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 resolution plans are updated on an annual basis taking into account changes in the market and in banks themselves, to make sure that there are ready-to-go plans that can be immediately operational if needed.
The resolution planning cycle (RPC) aligns the resolution planning of the banks under the SRB remit on the same 12-month cycle running from April to March.
The booklet informs stakeholders about the SRB’s resolution planning activities and describes the main processes and phases of the current Resolution Planning Cycle.
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Recent news
This note is aimed at reporting to the Eurogroup of 13 May 2024 on the Single Resolution Board’s (SRB) activities. It includes:
1) SRB’s key risk...
Watch SRB Chair’s interview from 29 April 2024 with Bulgarian national television (in Bulgarian), as part of his country visit to Bulgaria.
On 13 February 2024, the Single Resolution Board (SRB) held its annual conference: “The Road Ahead: Risk, Readiness, and Resilience.” The event...