Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/15/6397 (31.12.15) |
Publication Date | 31/12/2015 |
Content Type | News |
The Single Resolution Mechanism (SRM) became fully operational on 1 January 2016. The SRM implements the EU-wide Bank Recovery and Resolution Directive (BRRD) in the euro area. The full resolution powers of the Single Resolution Board (SRB) also applied from the1 January 2016. |
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Source Link | http://europa.eu/rapid/press-release_IP-15-6397_en.htm |
Related Links |
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Subject Categories | Business and Industry |
Countries / Regions | Europe |
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