The function of the single resolution mechanism (SRM) as central institution for bank resolution in the EU


The paper aims to provide the comprehensive analyze on how the single resolution mechanism works and its role in the process of the European Banking Sector integration. It is evident that since 2008 the European Commission carried a number of initiatives to safe the financial sector from crises occurred on some parts of the banking sector. On that base, after the establishment of Single supervising Mechanism, the EU Member States also agreed to have so called resolution mechanism for all its financial actors to preserve financial stability. The purpose was to take measures such as: setting rules for managing failing banks and improve protection of depositors. The paper will analyze the impact of the Single Resolution Mechanism of the European Banking Union (EBU) on the unifying national bank resolution and Single Resolution fund to be able to recapitalize banks directly when it fails

Similar works

Full text


Directory of Open Access Journals

Full text is not available time updated on 6/4/2019

This paper was published in Directory of Open Access Journals.

Having an issue?

Is data on this page outdated, violates copyrights or anything else? Report the problem now and we will take corresponding actions after reviewing your request.