Body established as part of the Single Resolution Mechanism. In the event of a bank failure, the resolution authority ensures the orderly restructuring or liquidation of the institution concerned across national borders. As with the new EU banking supervision, the national authorities of the member states remain responsible for smaller institutions. The decision-making procedure is designed in such a way that resolution measures can be decided quickly and effectively – even over a weekend if necessary. – Cf. Deutsche Bundesbank Monthly Report of June 2014, p. 49 f. (presentation of the SRB; legal issues).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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