Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: Single Resolution Mechanism | Statement: [Single Resolution Board, partOf, Single Resolution Mechanism]

Target entity: Single Resolution Mechanism
Context triple: [Single Resolution Board, partOf, Single Resolution Mechanism]

• A. Single Resolution Board
  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.
• B. Objectives Resolution
  The Objectives Resolution is a foundational constitutional document of Pakistan that outlines the guiding Islamic and democratic principles of the state and serves as the preamble to its 1973 Constitution.
• C. Single Oversight Framework
  The Single Oversight Framework is a regulatory performance and oversight framework used to assess and support NHS providers in delivering safe, high-quality, and sustainable healthcare services.
• D. Single Convention
  The Single Convention is a landmark international treaty that standardizes global control of narcotic drugs for medical and scientific use while combating drug abuse and illicit trafficking.
• E. Singleton
  Singleton is a town in the Hunter Region of New South Wales, Australia, known for its coal mining, agriculture, and proximity to the Hunter Valley wine region.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"

Entity: Single Resolution Mechanism
Triple: [Single Resolution Board, partOf, Single Resolution Mechanism]

The Single Resolution Mechanism is the European Union’s centralized framework for managing the orderly resolution of failing banks within the Banking Union to safeguard financial stability and minimize taxpayer costs.

Target entity: Single Resolution Mechanism
Target entity description: The Single Resolution Mechanism is the European Union’s centralized framework for managing the orderly resolution of failing banks within the Banking Union to safeguard financial stability and minimize taxpayer costs.

• A. Single Resolution Board chosen
  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.
• B. Objectives Resolution
  The Objectives Resolution is a foundational constitutional document of Pakistan that outlines the guiding Islamic and democratic principles of the state and serves as the preamble to its 1973 Constitution.
• C. Single Oversight Framework
  The Single Oversight Framework is a regulatory performance and oversight framework used to assess and support NHS providers in delivering safe, high-quality, and sustainable healthcare services.
• D. Single Convention
  The Single Convention is a landmark international treaty that standardizes global control of narcotic drugs for medical and scientific use while combating drug abuse and illicit trafficking.
• E. Singleton
  Singleton is a town in the Hunter Region of New South Wales, Australia, known for its coal mining, agriculture, and proximity to the Hunter Valley wine region.
• F. None of above.