Single Resolution Board · @EU_SRB
11 followers · 907 posts · Server respublicae.eu

Niamh Moloney, @LSElaw professor at the conference "The current EU framework is a live-part of the UK system. Resolution is the most agile and flexible process to and has taken the weight in financial stability."

🐦🔗: n.respublicae.eu/EU_SRB/status

#SRBlegal2023 #FOLTF

Last updated 2 years ago

Single Resolution Board · @EU_SRB
7 followers · 615 posts · Server respublicae.eu

What does it mean when a bank is failing or likely to fail?

1)No supervisory or private sector intervention can restore the bank to viability in time
2)Financial stability and public interest are threatened

Learn more: bit.ly/3RGXJsD

🐦🔗: nitter.eu/EU_SRB/status/155481

#FOLTF #Acronymwednesday

Last updated 2 years ago

Single Resolution Board · @EU_SRB
7 followers · 615 posts · Server respublicae.eu

🤓

Failing or likely to fail: Authorities determine a bank as FOLTF, when no other supervisory or private sector intervention can restore it to viability. After a bank is determined FOLTF, the SRB initiates its resolution.

🐦🔗: nitter.eu/EU_SRB/status/151412

#Acronymwednesday #FOLTF #endingTBTF

Last updated 3 years ago