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27 November 2024

SRB puts focus on testing in its 2025 work programme


The 2025 work programme, complementing the SRB Multi-annual Plan, concentrates on three strategic areas: core business; governance, organisation and tools; and human resources.

The SRB publishes today its 2025 Annual Work Programme, setting out its objectives and priorities for the year ahead. 

The 2025 work programme, complementing the SRB Multi-annual Plan, concentrates on three strategic areas: core business; governance, organisation and tools; and human resources. Priorities notably include streamlining the resolution planning process and resolution plans; resolvability testing, deep dives and on-site inspections; and crisis communication. 

SRB Chair Dominique Laboureix said: “The year 2025 marks 10 years of our work on resolvability and financial stability. But the work is not over and we will continue to play our role in keeping resilience in the Banking Union at the service of financial stability. This work programme puts into practice our strategic shift to testing and operationalising our crisis readiness.”

In 2025, the SRB will introduce simplification measures to make the resolution plans more actionable in case of crisis and will focus on making resolution plans operational through the testing of resolution strategies. To further ensure resolvability, the SRB will adopt new guidance on how banks can self-assess their resolvability. The organisation will also launch on-site inspections and gather lessons learnt and experiences from these first inspections.

SRB



© Single Resolution Board


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