Navigation path

Login   |   Register

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR









Press conference by Michel Barnier, on the Single Resolution Mechanism

299 views

On 20 March 2014, the European Parliament and the Council reached a provisional agreement on the proposed Single Resolution Mechanism (SRM) for the Banking Union. Michel Barnier, Member of the EC in charge of Internal Market and Services, held a press conference in Brussels on this topic. The Single Resolution Mechanism complements the Single Supervisory Mechanism (SSM) which, once fully operational in late 2014, will see the European Central Bank (ECB) directly supervise banks in the euro area and in other Member States which decide to join the Banking Union. The Single Resolution Mechanism would ensure that – not withstanding stronger supervision - if a bank faced serious difficulties, its resolution could be managed efficiently with minimal costs to taxpayers and the real economy. The Single Resolution Mechanism will be governed by two texts: an SRM regulation covering the main aspects of the mechanism and an intergovernmental agreement related to some specific aspects of the Single Resolution Fund (SRF).
INFO PRESS

Type: Complete press conference   Reference: I-087740   Date: 20/03/2014   Duration: 30:39
Personalities:   Barnier, Michel  
Location: Brussels - EC/Berlaymont  
Languages: ORIGINAL, ENGLISH, FRANÇAIS

Tags: Bank | Interinstitutional cooperation | Single Market
RAPID: INFO PRESS,
© European Union, 2014   /   Source: EC - Audiovisual Service
To download, please log in






Related videos

30:39 Press conference by Michel Barnier, on the Single Resolution Mechanism
Press conference by Michel Barnier, on the Single Resolution Mechanism
Ref: I-087740
Date: 20/03/2014
05:34 Extracts from the press conference by Michel Barnier, on the Single Resolution Mechanism
Extracts from the press conference by Michel Barnier, on the Single Resolution ...
Ref: I-087741
Date: 20/03/2014

Related photos

Press conference by Michel Barnier, Member of the EC, on the proposal of the Single Resolution Mechanism by the Commission
Press conference by Michel Barnier, Member of the EC, on the proposal of the ...
Ref: 025304
Date: 20/03/2014
Video Player   Need some help?


You don't find what you are looking for? Ask us!


Fri 22/09
European Commission - Upcoming events The news: On Wednesday, 4 October 2017, the European Commission has scheduled toadopt its monthly infringements package. These decisions seek to enforce EU law across Europe so that citizens and businesses can benefit fully from the internal market.
Mon 11/09
European Commission - Upcoming events The news: The European Union will host the fourth edition of Our Ocean conference in Malta, 5 - 6 October 2017. Our Ocean conference aims to inspire joint solutions and ambitious commitments in managing seas and oceans – which cover 75% of our planet.
Tue 26/09
European Commission - Press release Brussels, 26 September 2017 Today the Commission issued a set of guidelines on the application of EU food and consumer laws to dual quality products, as announced by President Juncker in this year's State of the Union speech.
Tue 26/09
European Commission - Press release Brussels, 26 September 2017 The first summer without roaming charges shows that Europeans are aware of the new rules and have started changing their habits when travelling abroad in the EU.
Tue 26/09
European Commission - Daily News Daily News 26 / 09 / 2017 Brussels, 26 September 2017 La Commission publie un guide pour lutter contre les pratiques déloyales en matière de qualité des denrées alimentaires La Commission européenne a publié aujourd'hui un guide afin d'améliorer l'application de la législation de l'UE...
Mon 18/09
European Commission - Upcoming events The news: As part of the process started with the publication of the Reflection Paper on the Future of EU finances, the Commission is organising on 25 September 2017 a conference on the challenges ahead of the European Union budget and the ways to address...
Mon 25/09
European Commission - Press release Brussels, 25 September 2017 The European Commission has entered into further discussions with trade unions and employers' organisations at EU level on how to modernise the rules on employment contracts, in order to make these contracts fairer and more predictable for all types of workers.
Mon 25/09
European - Fact Sheet Commission Brussels, 25 September 2017 The European Commission has entered into further discussions with trade unions and employers' organisations at EU level on how to modernise the rules on employment contracts, in order to make these contracts fairer and more predictable for all types of workers.
Mon 25/09
European Commission - Daily News Daily News 25 / 09 / 2017 Brussels, 25 September 2017 Commission welcomes Council decision to close Excessive Deficit Procedure for Greece The Commission welcomes the Council decision to close the Excessive Deficit Procedure (EDP) for Greece adopted at today's meeting of the General Affairs...
Mon 25/09
European Commission - Speech - [Check Against Delivery] Brussels, 25 September 2017 Ladies and gentlemen, First of all, a word of thanks to the Estonian Presidency and to Matti Maasikas, and to the whole team in the Embassy, and to all the Ministers doing a tremendous job – in particular...

Go to useful links page Useful links

Go to rss page Go to EU Tube page Go to twitter page Go to facebook page Go to contact page


Credit © European Union, 2017