As a response to the global financial crisis that started in 2008, many countries established dedicated resolution regimes that seek to limit the use of taxpayer money while maintaining the functions of failing banks that are critical for financial stability. This paper extends the existing rese...
The Single Resolution Board (SRB) is the resolution authority for the significant and cross border banking groups established within participating Member States....
This document presents the multi-annual programme of the Single Resolution Board (SRB), including its 2018 work programme, in accordance with Article 30 of the SRB Financial Regulation and Article 50(1)(a) of the SRMR. The multi-annual programme was adopted by the SRB in its plenary session of 2...
This paper contributes to the debate on liquidity in resolution by providing a quantitative assessment of liquidity gaps of banks in resolution in the euro area. It estimates possible ranges of liquidity gaps for significant banks under different assumptions and scenarios. The findings suggest t...
