Single Resolution Board

E102294

The Single Resolution Board is the European Union agency responsible for managing the orderly resolution of failing banks within the Banking Union to safeguard financial stability and minimize taxpayer costs.

All labels observed (2)

Label Occurrences
Single Resolution Mechanism 6
Single Resolution Board canonical 3

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf EU Banking Union institution
European Union agency
resolution authority
abbreviation SRB
appliesTo certain less significant institutions under specific conditions
cross‑border banking groups in the Banking Union
significant credit institutions in the Banking Union
chairperson Dominique Laboureix
cooperatesWith Council of the European Union
European Central Bank
European Commission
national resolution authorities of participating member states
country European Union
fundingMechanism ex‑ante contributions from banks to the Single Resolution Fund
goal ensure orderly resolution of failing banks
minimize costs to taxpayers
protect critical banking functions
protect depositors within the scope of EU law
protect public funds
safeguard financial stability
hasPart Single Resolution Fund
headquartersLocation Belgium
Brussels, Belgium
surface form: Brussels
inception 2015
jurisdiction European System of Financial Supervision
surface form: Banking Union

euro area member states participating in the Banking Union
legalBasis Regulation (EU) No 806/2014
locatedInTimeZone Central European Summer Time
Central European Time
mandate adopt resolution schemes for failing banks within the Banking Union
prepare resolution plans for banks under its remit
memberOf European System of Financial Supervision
nativeName Conseil de résolution unique
Single Resolution Board self-link
nativeNameLanguage English
French
partOf European Banking Union
Single Resolution Board self-linksurface differs
surface form: Single Resolution Mechanism
precededBy transitional resolution arrangements at national level within the Banking Union
replaces national resolution authorities for significant institutions within the Banking Union in cross‑border resolution decisions
sector banking
financial stability
supervises minimum requirement for own funds and eligible liabilities (MREL)
resolution planning for significant institutions
usesInstrument asset separation tool
bail‑in tool
bridge institution tool
sale of business tool
website https://www.srb.europa.eu

How these facts were elicited

Referenced by (9)

Full triples — surface form annotated when it differs from this entity's canonical label.

European Union financial regulators hasPart Single Resolution Board
European Union economic and monetary union hasComponent Single Resolution Board
this entity surface form: Single Resolution Mechanism
Single Supervisory Mechanism relatedTo Single Resolution Board
this entity surface form: Single Resolution Mechanism
Single Resolution Board partOf Single Resolution Board self-linksurface differs
this entity surface form: Single Resolution Mechanism
Single Resolution Board nativeName Single Resolution Board self-link
European System of Financial Supervision cooperatesWith Single Resolution Board
this entity surface form: Single Resolution Mechanism
SSM cooperatesWith Single Resolution Board
subject surface form: Single Supervisory Mechanism
this entity surface form: Single Resolution Mechanism
European Deposit Insurance Scheme (proposed) complements Single Resolution Board
subject surface form: European Deposit Insurance Scheme
this entity surface form: Single Resolution Mechanism
Deputy Governors of the Bank of Italy cooperatesWith Single Resolution Board