The Single Resolution Board (SRB) has announced changes to its MREL policy to be implemented in line with the Daisy Chains Act, which was adopted earlier in 2024. The Act allows resolution authorities more flexibility in setting internal minimum requirements for own funds and eligible liabilities (MREL) in banking groups, in order to ensure sufficient loss-absorbing capacity. It also simplifies MREL treatment for liquidation entities and related prior permissions. In particular, the amendments to Article 12d SRMR introduced by Article 2, points (1) and (2) of the Daisy Chain Act shall apply from 14 November 2024.

The Single Resolution Board (SRB) has announced that it has agreed ‘in principle’ with the European Central Bank (ECB) on the margin that institutions under the supervision of the ECB will need to comply with in order to be authorised to redeem eligible liabilities under the EU Capital Requirements Regulation. This ‘in principle’ agreement applies to authorisations granted as of 1 January 2023, including General Prior Permission (GPP) renewals.

The Single Resolution Board (SRB) has announced that no additional bank levies will be required for the Single Resolution Fund (SRF) in 2025, as the fund has met its target level of at least 1% of covered deposits held in the EU’s Banking Union member states. As of the end of 2024, the SRF amounts to €80bn, exceeding the target level. The fund's target level will be reassessed at the beginning of 2026.

The Single Resolution Board (SRB) is consulting on the minimum bail-in data template (MBDT), which collects bail-in data in the event of a bank failure or for dry-runs and testing exercises, while being flexible enough to accommodate aspects related to national law. Responses are sought by 8 May 2024.

The Single Resolution Board (SRB) has launched a consultation on its ‘Expectations on Valuation Capabilities’ for banks, emphasising the critical role of valuations in the successful resolution of banks. The consultation outlines the SRB's expectations regarding three key aspects:  valuation data index (VDI), data repositories for resolution (DRR) and valuation playbooks. Responses are sought by 2 July 2025.

The Single Resolution Board (SRB) has announced that it has determined that Sberbank Europe AG in Austria and its subsidiaries in Croatia (Sberbank d.d.) and Slovenia (Sberbank banka d.d.) are failing or likely to fail, following a ‘rapid and significant’ deterioration of the banking group’s liquidity situation. The SRB has suspended payments, enforcement and termination rights (known as a moratorium) to the three banks, although depositors will be able to withdraw a daily allowance amount, determined by the respective national resolution authorities.

The Single Resolution Board (SRB) is extending the deadline for its consultation on the Minimum Bail-in Data Template (MBDT) package to 15 May 2024.

The Single Resolution Board (SRB) has issued its 2025 annual work programme outlining its objectives and priorities: streamlining the resolution planning process and resolution plans; adopting new guidance for banks' self-assessment of resolvability; the launch of on-site inspections, and enhancing crisis communication. The programme focuses on three strategic areas: core business, governance, organisation, and tools, as well as human resources. It continues the SRB’s strategic shift towards testing and operationalising crisis readiness within the EU’s Banking Union. The SRB will develop multi-annual testing programmes for 2026-2028.

The Single Resolution Board (SRB) has launched a consultation on its ‘Operational Guidance on Resolvability Testing for Banks’, which aims to ensure that European banks regularly test their capabilities to manage crises and implement resolution actions. The consultation integrates lessons learned from past crises and best practices to evaluate banks' readiness and resolvability. To support the consultation, the SRB plans to engage with the banking industry and other stakeholders to address any questions before the consultation period ends. Later in the year, the SRB plans to publish the final Operational Guidance on Resolvability Testing for Banks, along with a summary of industry feedback and its consideration in the final guidance. Contact information for the SRB's communications team is provided for further inquiries. Responses are sought by 5 May 2025.

The Single Resolution Board (SRB) has launched a consultation on its updated operational guidance for banks concerning separability and transferability in resolution planning. The update aims to enhance the effectiveness and efficiency of resolution planning by aligning the guidance with the existing framework for resolvability self-assessment and the SRB’s broader approach to crisis readiness. Key changes include a new annex focused on resolution testing and a new framework for Transfer Playbooks, aimed at refining existing practices without introducing additional deliverables. Responses are sought by 22 October 2025.

The Single Resolution Board (SRB) has launched a consultation on its Operational Guidance for Banks on Communication, alongside a communication testing supplement to its guidance on resolvability testing. Responses are sought by 12 December 2025.

The Single Resolution Board (SRB) has published a consultation on the operational guidance for banks regarding resolvability self-assessment. This consultation is part of the Single Resolution Mechanism (SRM) Vision 2028 strategy, seeking to ensure that European banks are equipped for the future and prepared for emergencies, based on a revised methodology that incorporates lessons learned from crisis situations, best practices, and the evaluation of banks' capabilities. Responses are sought by 7 February 2025.