SRB: Crisis Management and Deposit Insurance published #Shorts

SRB: Crisis Management and Deposit Insurance published

The Single Resolution Board (SRB) welcomes the publication of the Crisis Management and Deposit Insurance (CMDI) framework in the Official Journal of the EU. This landmark publication is a crucial step towards strengthening the EU's financial stability framework, ensuring better protection for depositors and more effective bank resolution. The CMDI framework is designed to prevent financial crises and minimize the cost to taxpayers in the event of a bank failure.

Source: Single Resolution Board
https://www.srb.europa.eu/en/content/srb-statement-crisis-management-and-deposit-insurance-publication-official-journal-eu

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