What is the Single Resolution Mechanism?

Описание к видео What is the Single Resolution Mechanism?

The SRB is the central resolution authority within the Banking Union. Together with the National Resolution Authorities of participating Member States, it forms the SRM. The SRM applies to banks under the remit of the SRB. It is the second pillar of the Banking Union. The purpose of the SRM is to ensure an orderly resolution of failing banks with minimal costs for taxpayers and to the real economy.

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