The European Commission has published on its website an on-line questionnaire which aims to get opinions from all interested parties on the impact of Solvency II when compared to Solvency I. The closing date for completing the questionnaire is 23 March 2007.

Introduction

In this Banking Reform updater we examine the single resolution mechanism (SRM), which together with the single supervisory mechanism (SSM) (Banking Reform updater 10) forms the key pillars of the EU Banking Union.

What is the SRM?