The Single Resolution Board (SRB) issued its bi-annual reporting note to the Eurogroup, providing an update on the resolvability and operational readiness of banks under the SRB’s remit and summarising ongoing work to further enhance resolvability. The note covers developments on the minimum requirement for own funds and eligible liabilities (MREL) and broader resolvability, simplification workstreams within the SRB and across the Banking Union, and recent developments on the Crisis Management and Deposit Insurance (CMDI) package and the completion of the Banking Union, including efforts towards a simpler framework.
Single Resolution Board 2025-11-11
Single Resolution Board publishes bi-annual Eurogroup note on MREL, resolvability and Banking Union simplification
The Single Resolution Board (SRB) released its bi-annual report to the Eurogroup, detailing updates on bank resolvability and operational readiness. Key topics include developments in the minimum requirement for own funds and eligible liabilities (MREL), simplification workstreams, and progress on the Crisis Management and Deposit Insurance (CMDI) package. The note also addresses efforts towards completing the Banking Union with a simpler framework.