EP briefing ahead of public hearing with Elke König, Chair of the Single Resolution Board
26 October 2020
The central aim of the meeting is to discuss the SRB 2019 annual report.
Summary :
This note is prepared in view of an ordinary public hearing
with the Chair of the Single Resolution Board (SRB), Elke König, which
will take place on 27 October 2020. The central aim of the meeting is to
discuss the SRB 2019 annual report.
Following the structure of the SRB 2019 annual report, this briefing
addresses (i) COVID-19 response measures taken by the SRB, and the need
to consider a COVID-19 exit strategy going forward; (ii) resolution
plans for banks under the SRB’s remit; (iii) preparation for the 2020
resolution planning cycle; (iv) resolvability assessments; (v)
preparations for the UK’s withdrawal from the EU; (vi) cooperation with
the European Parliament; (vii) contributions to the Single Resolution
Fund; (viii) investments of these funds; (ix) management of resources;
and (x) appeal panel.
Authors :
Marcel MAGNUS, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE
© European Parliament