Are you prepared for Single Resolution Board Work Programme 2019?

Perspectives

Are you prepared for Single Resolution Board Work Programme 2019?

Addressing the issue of too-big-to-fail banks has been the overriding aim of financial services policy since the crisis, reflected in the host of regulatory initiatives that lawmakers have proposed in light of this objective.

To ensure that decisions across participating Member States of the Banking Union are taken effectively and quickly, the EU created the Single Resolution Mechanism (SRM) with a strong centralised decision-making body, the Single Resolution Board (SRB), and the Single Resolution Fund (SRF).

During 2019, the SRB’s tasks will focus on improving resolution strategies and identifying and addressing any issues to resolvability.

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