Exchange of views with Mrs Elke König, Chair of the Single Resolution Board

This briefing presents selected issues regarding the work of the Single Resolution Board (SRB) in advance of the exchange of views with Mrs Elke König, Chair of the SRB, in ECON on 20 March 2018. The briefing thematically covers events since the last hearing: the SRB’s 2017 MREL Policy, the ECA’s special report on the SRB, it updates on the SRB resolution decision in case of Banco Popular, in particular with a view on the published non-confidential versions of the related valuation reports, and provides summaries of external expert briefing papers on the topic of “cash outflows in crisis scenarios”.