Commission report looks at policy actions in the financial sector taken by EU countries in response to the financial crisis.
Single resolution mechanism
The European Commission has today put forward a package of proposals aimed at completing the reform of the financial regulatory system launched in the wake of the financial crisis. The package includes proposed amendments to the Capital Requirements Regulation (CRR) and Directive (CRD) as well as the Bank Recovery and Resolution Directive (BRRD) and the Single Resolution Mechanism Regulation (SRMR). The amendments contain measures that will strengthen the resilience of the EU banking sector and thereby increase markets' confidence in it. The proposals have three concrete goals:
The European Commission is exploring ways to improve EU/US regulatory cooperation.
18 July 2016
Brussels, 30 November 2015
Chair of the Single Resolution Board Elke König talks about setting up the board, working with a multi-cultural team of experts and what the main challenges will be in the coming months and years.