In a speech following the entry into force of the Crisis Management and Deposit Insurance (CMDI) package on 20 April 2026, the Single Resolution Board (SRB) set out how the reforms are expected to deepen practical cooperation between the SRB and deposit guarantee schemes (DGSs) in crisis management. The SRB highlighted four CMDI-related changes most relevant to SRB–DGS interaction: strengthened Article 30 of the Single Resolution Mechanism Regulation, including an explicit requirement for cooperation and information exchange and a clearer legal basis for practical arrangements such as memoranda of understanding; more concrete information-sharing expectations, including provision to DGSs of summaries of key elements of resolution plans; earlier and deeper exchanges ahead of failure linked to the introduction of a “DGS bridge”, including on available financial means; and clearer delineation of respective roles and tools. It also pointed to existing cooperation practices, including DGS reporting of covered deposit data via a common template, informal exchanges with larger DGSs, training and guidance, and DGS participation in resolution colleges for banks under the SRB’s remit. Looking ahead, the SRB signalled a move toward a more structured relationship with DGSs, aiming to involve stakeholders earlier in decision-making in line with its Vision 2028 approach, and indicated that further discussions and follow-up meetings are expected as the new framework is implemented in practice.
Single Resolution Board 2026-04-23
Single Resolution Board outlines CMDI law changes to strengthen cooperation and information sharing with deposit guarantee schemes
The Single Resolution Board outlined how the newly effective Crisis Management and Deposit Insurance package is expected to deepen cooperation with deposit guarantee schemes in crisis management. It highlighted strengthened legal requirements for cooperation and information exchange, clearer expectations on sharing resolution planning information, earlier engagement via a “DGS bridge”, and a clearer delineation of roles and tools. The Single Resolution Board signalled a shift toward a more structured relationship with deposit guarantee schemes and earlier stakeholder involvement in line with its Vision 2028 approach.