Single Resolution Board

The Single Resolution Board (SRB) is a European organization responsible for managing the orderly failure of large, important banks within the European Union. Its goal is to prevent the collapse of a bank from causing widespread economic problems. The SRB develops plans to safely close or restructure troubled banks while minimizing impacts on the economy and taxpayers. It collaborates with national authorities and the bank itself to ensure that necessary steps are taken swiftly and effectively, maintaining financial stability and confidence without needing taxpayer-funded bailouts.