Single Resolution Board Publishes Its Annual Work Programme 2025

QuickTake

Every year, usually during the fourth quarter, the Banking Union relevant authorities, comprised of the European Central Bank (ECB), acting at the helm of the Single Supervisory Mechanism (SSM) and the Single Resolution Board (SRB), acting at the helm of the Single Resolution Mechanism (SRM), individually publish their Annual Work Programmes (AWPs) setting out their priorities and resourcing for the coming calendar year. The SRB's AWP aims to foster cross-sectoral regulatory consistency and supervisory convergence and is thus of relevance to national competent authorities (NCAs) and national resolution authorities (NRAs) and more importantly the relevant firms within the scope of SRB's and NRAs' regulatory and supervisory mandate.