By the Single Resolution Board (SRB)
The SRB today published its Annual Report for 2021.
The report details the work of Europe’s Single Resolution Board and highlights the progress made in making Europe’s banking sector more stable, by ensuring all of the SRB’s banks are resolvable.
The SRB focused on areas such as implementing the BRRD2, continuing to build the SRF and the continued monitoring of banks, given the context of the pandemic. The SRB also worked on crisis readiness and fine-tuning existing resolution plans.
The report will be officially presented at the European Parliament’s ECON committee next month.
You can find the full report here.