SRB publishes its first report on LSIs
On 5 October 2023, the Single Resolution Board (SRB) published its first report on the resolution planning and crisis management of small and medium-sized banks (less significant institutions – LSIs).
The report describes the size of LSIs, their business models, their financing structure, their status in the Banking Union countries and the impact that their possible failure would have on deposits, payment services, lending and general financial stability. The report also reviews the strategies selected in resolution planning, the MRELs set and recent crisis cases.
SRB’s report on the resolution planning and crisis management of LSIs (pdf)
Further information: Pekka Kainulainen, resolution expert (pekka.kainulainen(at)rvv.fi)