Hearing of Mrs. Elke Köning, Chair of the Single Resolution Board. ECON on 28 January 2016

25-01-2016

The Single Resolution Board (SRB) was established on 1 January 2015 and on 1 January 2016 it became fully responsible for the resolution of those banks which are directly supervised by the ECB and of other cross-border groups. This briefing presents the state of play regarding the work of the SRB as well as a short insight into the vulnerability of those banks which are directly supervised by the Single Supervisory Board (SSB). It is published in advance of the Hearing with Mrs Elke König, Chair of the SRB, in the ECON Committee on 28 January in accordance with Article 45.4 of Regulation (EU) 806/2014.

The Single Resolution Board (SRB) was established on 1 January 2015 and on 1 January 2016 it became fully responsible for the resolution of those banks which are directly supervised by the ECB and of other cross-border groups. This briefing presents the state of play regarding the work of the SRB as well as a short insight into the vulnerability of those banks which are directly supervised by the Single Supervisory Board (SSB). It is published in advance of the Hearing with Mrs Elke König, Chair of the SRB, in the ECON Committee on 28 January in accordance with Article 45.4 of Regulation (EU) 806/2014.