Single Resolution Board (SRB) Work Programme 2024: What is to be expected?

On the 30th of November, SRB published its Work Programme for the next year, entering 2024 with a new focus on the operationalisation of resolution tools, resolution testing, and crisis readiness to ensure an effective resolvability of banks. The SRB’s 2024 Work Programme is set against a backdrop of uncertainty and new challenges. 2023 saw market turmoil in both the US and Switzerland, while within the Banking Union, the inflation rate continues to pose challenges for people and businesses alike, while more recent developments in the Middle-East may also add a new layer of complexity going forward.

In this alert, you will read more about the strategic objectives and conclusions.