Single Resolution Board (SRB)
Headquarter: Brussels Belgium
Category
European and Co-ordinated Organizations
Location
Brussels Belgium
Website
https://www.srb.europa.eu About SRB
The Single Resolution Board (SRB) is the central resolution authority within the Banking Union, which at present is 19 eurozone countries, Bulgaria and Croatia. Together with the national resolution authorities it s the Single Resolution Mechanism. The SRB works closely with the European Commission, the European Central Bank, the European Banking Authority and national authorities. Its mission is to ensure an orderly resolution of failing banks, protecting the taxpayer from state bail-outs, which is promoting financial stability.
