Single Resolution Board

Single Resolution Board

SRB head office in Brussels
Board overview
FormedJanuary 1, 2015 (2015-01-01)
TypeEuropean banking union EU agency
JurisdictionEuropean Union
HeadquartersTreurenberg 22, 1049 Brussels, Belgium
50°50′52″N 4°21′44″E / 50.84776°N 4.36222°E / 50.84776; 4.36222
Employees~465
Board executives
  • Dominique Laboureix, Chair
  • Miguel Carcaño Saenz De Cenzano, Vice-Chair
  • Karen Braun-Munzinger, Member
  • Radek Urban, Member
  • Tuija Taos, Member
  • Slavka Eley, Member
Key documents
Websitewww.srb.europa.eu/en
Map
Brussels
Single Resolution Board (European Union)

The Single Resolution Board (SRB) is an EU agency that was established in Brussels in 2015 as part of the broader set of reforms known as the banking union. It acts as the bank resolution authority for a subset of banks in the euro area and as the institutional hub of the Single Resolution Mechanism (SRM). Resolution is the restructuring of a bank by a resolution authority through the use of resolution tools in order to safeguard public interests, including the continuity of the bank's critical functions and financial stability, at minimal costs to taxpayers.