The Single Resolution Mechanism in Action. An Analysis of the Decision-making Practice of the Single Resolution Board

• Authors: Podgórski Maciej
• Languages of publication: EN

Abstracts

EN

The article provides an overview of the supranational bank resolution regime established under the Single Resolution Mechanism framework. Both the substantive rules governing the resolution process and its procedural requirements are explained. The main focus of the article is the decision-making practice of the Single Resolution Board (SRB), an EU agency responsible forthe execution of the resolution framework, which has already intervened in a number of cases in which banks were considered “failing or likely to fail” by the European Central Bank. Thearticle analyses the existing decisions on resolution action in order to establish how the substantive rules on resolution are interpreted by the SRB in its decision-making practice.

Keywords

EN

European Union; Banking Union; SRM; SRB; ECB; bank failure; resolution

• Publisher: Instytut Nauk Prawnych PAN / Institute of Legal Studies PAN
• Journal: Polish Yearbook of International Law
• Year: 2018
• Volume: 38
• Pages: 229-252

Dates

published

2019-09-01

Contributors

author

Podgórski Maciej

• College of Inter-Area Individual Studies in the Humanities and Social Sciences, University of Warsaw

Identifiers

DOI

10.24425/pyil.2019.129614