The Banking Union will likely face several risks in the near future, ranging from geopolitical risks to shadow banking risks and the phasing out of Covid-19 support. Such risks might also affect the Single Resolution Board and its priorities. This paper discusses the key short-term risks and analyses how the SRB can be impacted regarding resolution planning, the failing or likely to fail determination, public interest assessment and resolution action.
This document was provided by the Economic Governance Support Unit at the request of the ECON Committee. The original paper is available on the European Parliament’s webpage.