The Single Resolution Board (SRB) and South Korean’s Deposit Insurance Corporation (KDIC) have signed this week a cooperation arrangement, holding a virtual signing ceremony to facilitate closer cooperation and learning on resolution planning.
The Single Resolution Board and the Korean Deposit Insurance Corporation (KDIC) have concluded a Cooperation Arrangement.
Bilateral cooperation arrangements between resolution authorities are an important ingredient for building resolvability. With this agreement, the KDIC and the SRB confirm their commitment to strengthening resolvability by enhancing communication and international cooperation, and to work together towards the highest standards for resolution planning. The goal is to foster the development of resolution planning capabilities, with the shared aim of supporting financial stability in South Korea and the European Union.
Find out more about the SRB’s international cooperation agreements here
Documents
Contact our communications team
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...
Related news and press releases
The Single Resolution Board (SRB) and South Korean’s Deposit Insurance Corporation (KDIC) have signed this week a cooperation arrangement, holding a...
In view of the growing globalisation of the world’s financial markets and the increase in cross-border operations and activities of financial...