Single Resolution Board

Today, Single Resolution Board Chair Dominique Laboureix presented our latest biannual reporting note to Eurogroup, highlighting the evolving risks facing Europe’s banking sector and the need to further strengthen resilience and crisis preparedness. Geopolitical tensions, market volatility, and the growing threat of severe operational incidents are converging, creating new challenges for banks and authorities alike. Europe has made significant progress over the past decade: banks have strengthened their resilience, met their MREL requirements, and made tangible improvements in their resolvability capabilities. But resilience is not a box to be ticked once and for all. This is why the SRB’s report calls for further work to ensure that banks and authorities are prepared for an increasingly complex risk environment. We need to close the existing gaps in the framework to deal with well-known risks, such as liquidity and solvency risk. The European Commission's forthcoming banking package offers an opportunity to address these long-standing issues, advance banking union and establish simpler, more modern rules and a more complete crisis management framework. At the same time, preparedness must extend beyond traditional financial risks. Cyber-attacks, ICT disruptions, and outages affecting critical infrastructure can threaten the continuity of essential banking services, even when banks remain financially sound. The Single Resolution Board is strengthening its preparedness for such scenarios, working closely with the #SingleSupervisoryMechanism, national authorities and other European partners. Building resilience today means being more competitive when dealing with the crises of tomorrow. Read the SRB latest reporting note to Eurogroup: https://lnkd.in/e3hT-QH2 #SRB #Eurogroup #BankingUnion #BankingResilience #FinancialStability

Europe’s banking union has come very far. It should go further. Blog by Claudia Buch, Chair of the Supervisory Board of the European Central Bank and Dominique Laboureix, Chair of the Single Resolution Board In this latest blog, Claudia Buch and Dominique Laboureix reflect on a more competitive European banking sector which requires more than simplifying regulation. It requires completing the banking union, which has made significant progress over the years, underpinned by close and constructive cooperation between the Single Supervisory Mechanism and the Single Resolution Mechanism. Building on these achievements, Europe’s banking union has come very far. It should go further. Three priorities stand out: ✔️ A common European framework for deposit insurance A European deposit insurance framework would complete the third pillar of the banking union, strengthen depositor confidence, and help reduce the link between banks and their national sovereigns. Depositors should have confidence in the protection of their savings regardless of where their bank is located. ✔️ Greater flexibility in the allocation of capital and liquidity across borders Banks should be able to use their resources more efficiently across their European operations, both in normal times and under stress. This requires stronger and credible supervisory, prudential and resolution safeguards to ensure that resources remain available where they are needed, including in a crisis. ✔️ A credible framework for liquidity in resolution Recapitalising a bank through resolution is not enough if it cannot access the liquidity needed to continue operating. Reliable arrangements for liquidity during and immediately after resolution are essential to maintaining critical functions and strengthening confidence in the European resolution framework. Together, these priorities strengthen trust, reduce fragmentation, and make it easier for capital and liquidity to flow across the banking union. The European Commission's agenda on banking competitiveness is an opportunity to move forward. We should use this opportunity to drive forward both regulatory simplification and deeper integration. A stronger banking union means a more competitive banking sector, and a more resilient Europe. Read the blog here| https://lnkd.in/e4hRHDpJ #SRB #SSM #BankingUnion #FinancialStability #BankingRegulation #EconomicIntegration

🚨 The Single Resolution Board is hiring an Internal Auditor Are you ready to make an impact at the heart of the EU Banking Union? The Single Resolution Board is looking for an Internal Auditor to lead and contribute to audit and advisory engagements in line with the 2024 Global Internal Audit Standards (GIAS). In this key role, you will provide independent opinions and advice on the effectiveness and efficiency of risk management, controls and governance processes. 📍 Location: Brussels, Belgium 📅 Application deadline: 23 November 2026 💼 Grade: AD6 Take the next step in your internal audit career and contribute to the EU's financial stability framework. 👉 Apply here: https://lnkd.in/ecNhGc_K #InternalAudit #EUJobs #BankingUnion #SingleResolutionBoard

Save the date | Single Resolution Board Conference 2027 🗓️ The SRB is pleased to announce its Conference 2027, taking place in Brussels on Tuesday, 8 June. The programme will feature high level speakers, panel discussions, and parallel sessions. Full details on venue, agenda and registration will follow soon. Mark your calendars and keep an eye on our website for updates | https://lnkd.in/gpm2gTBn We look forward to welcoming you in Brussels! #SRBConference2027 #SaveTheDate #BankResolution

Speech by SRB Chair Dominique Laboureix at the IADI Conference – "Strengthening the Crisis-Preparedness Community in an Interconnected World" How can we strengthen financial stability in an increasingly interconnected financial system? And how can we ensure that authorities are ready to act when it matters most? In his speech at the International Association of Deposit Insurers (IADI) on Strengthening Crisis Preparedness, Single Resolution Board Chair and Financial Stability Board (FSB) Resolution Steering Group Chair Dominique Laboureix, highlighted an essential message: effective crisis management depends not only on having the right frameworks in place, but also on strong cooperation, thorough preparation, and the ability to act together. Key takeaways: ✔️Preparedness matters. Resolution planning and operational readiness help ensure that banks can be managed effectively in times of stress. ✔️ Cooperation builds resilience. Closer coordination between resolution authorities, deposit guarantee schemes and other financial safety-net participants is essential to managing crises effectively. ✔️ Trust is built before a crisis. Information-sharing, clear responsibilities and sustained collaboration are crucial to enabling timely and coordinated action when a crisis occurs. ✔️ Resilience requires continuous adaptation. As the financial landscape evolves, crisis management frameworks must remain effective, credible and fit for purpose. Financial stability is not something we can take for granted. It is built through consistent preparation, cooperation and a shared commitment to safeguarding the financial system. 🖇️Read Dominique’s full speech: https://lnkd.in/eNgceh75 #FinancialStability #CrisisPreparedness #BankResolution #BankingUnion

Thanks for the opportunity to speak at the International Association of Deposit Insurers (IADI) Annual Conference.   Sharing insights and best practices across jurisdictions helps strengthen bank resolution and keep our toolkit fit for purpose.   The Single Resolution Board values the Financial Stability Board (FSB)’s important contribution to this collective effort. 🖇️Read Dominique’s full speech: https://lnkd.in/eNgceh75   #FinancialStability #CrisisPreparedness #BankResolution #BankingUnion

The Single Resolution Board, together with three Mexican financial authorities — Banco de México, Instituto para la Protección al Ahorro Bancario (IPAB) and Comisión Nacional Bancaria y de Valores — has established the Euro-Mexican Bilateral Exercise (EMBE), an initiative to strengthen cooperation on cross-border resolution. This collaboration focuses on the operational dimensions of the Multiple Point of Entry (MPE) resolution strategy, examining its key elements and potential challenges to support effective cross-border coordination and crisis preparedness. Under the EMBE, the participating authorities will undertake a range of key activities, including: 🔹 Development of cross-border jurisdictional playbooks – To strengthen mutual understanding and operational coordination. 🔹 Knowledge exchange – To foster mutual understanding between the European and Mexican participating financial authorities to strengthen preparedness. 🔹 Simulation exercises – Including at senior management level to assess and refine collaborative responses. In October, the EMBE’s Terms of Reference and the first multi-year Work Programme (2026–2028) were formally endorsed by the senior management of the four authorities, marking a significant step in this joint endeavour. Cross-border resolution requires preparation, trust, and shared expertise. The EMBE reflects the commitment of the participating financial authorities to these principles, contributing to greater financial stability through strengthened international coordination. #SRB #Euro-MexicanBilateralExercise #BankResolution #MultiplePointOfEntry

Thank you, #IA, for the fruitful exchange and warm hospitality. We look forward to continued collaboration and knowledge-sharing to strengthen resolution preparedness and financial stability.

SRB publishes the list of consultations and simplifies its requests to the industry from 2027 The Single Resolution Board published its list of consultations and requests to the industry for 2027, part of its commitment to transparency and predictability. The list covers several types of deliverables and requests to the industry, including: ✔️ Public consultations and industry engagements; ✔️ Data requests and deliverables; ✔️ Deliverables subject to the three-year cycle update; ✔️ Administrative and Single Resolution Fund (SRF) contributions related requests. The list for 2027 reflects the industry's overall resolvability progress and the SRB's commitment to simplifying practices and limiting the burden on the banking sector. 🆕 From 2027, the SRB will be introducing a new element of simplification of its current framework by transitioning from annual requests to a three-year submission cycle for bank-specific deliverables. 🤝 This change, applicable where no material resolvability concerns exist, reflects a deliberate shift towards reducing administrative burden while upholding robust oversight. Read more in the press release | https://lnkd.in/eBN4n72S #SRB #FinancialStability #BankingUnion #simplification #SRBconsultation

📅 On 30 September, SRB Board Member Slavka Eley visited the Swedish National Debt Office for a day of constructive exchanges on bank resolution and financial stability. During the visit, she held insightful discussions with key leaders, including Chairman and Director General at the Debt Office Resolution Board Karolina Ekholm, Head of the Financial Stability Department Fredrik Bystedt, as well as representatives from the Swedish banking sector. 👉 Discussions focused on the Single Resolution Board's ongoing cooperation with Sweden on resolution, including the importance of close coordination and continued exchange of experience between resolution authorities. The visit also underlined the SRB’s commitment to strengthening cooperation with National Resolution Authorities outside the Banking Union and fostering strong cross-border relationships that contribute to effective and consistent resolution frameworks across Europe. 🤝 We thank our Swedish colleagues for their hospitality and for making this visit a valuable and successful exchange. #SRB #BankingSupervision #FinancialStability