SRB Response to Commission Consultation on EU Banking Sector Competitiveness
Summary
The Single Resolution Board submitted its response to the European Commission's consultation on EU banking sector competitiveness on 15 April 2026. The SRB's response focuses on four key areas within its mandate: advancing an integrated European deposit protection framework, strengthening liquidity resolution frameworks, enhancing cross-border capital and liquidity allocation with resolvability safeguards, and promoting targeted simplification including streamlined MREL processes. The SRB emphasizes that while the Banking Union has strengthened bank resilience over the past decade, remaining fragmentation continues to affect integration and efficiency.
What changed
The SRB published its formal response to the European Commission's consultation on EU banking sector competitiveness. The response addresses four areas within SRB's mandate: advancing towards a more integrated European deposit protection framework; strengthening the framework for liquidity in resolution; enhancing cross-border allocation of capital and liquidity within banking groups supported by resolvability safeguards; and promoting targeted simplification including greater coherence across frameworks and streamlined MREL processes while preserving resilience.
Affected parties should monitor for forthcoming European Commission actions responding to this consultation, particularly any proposals on completing the Banking Union. Banks subject to SRB resolution authority should review the guidance on MREL simplification and capital/liquidity allocation as these may inform future regulatory expectations.
What to do next
- Monitor for further SRB guidance on deposit protection and resolution framework updates
- Review internal MREL compliance processes for potential streamlining opportunities
- Track European Commission follow-up actions on banking union completion
Archived snapshot
Apr 15, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
News |
Wednesday, 15 April 2026
The Single Resolution Board (SRB) has submitted its response to the European Commission’s consultation on the competitiveness of the EU banking sector.
The consultation provides a timely opportunity to reflect on how the EU framework can support both financial stability and competitiveness. Over the last decade, the Banking Union has strengthened the resilience of European banks and the financial system. At the same time, it remains incomplete, and persisting fragmentation continues to weigh on integration and efficiency.
In its response, the SRB focuses on areas within its mandate where further progress can support both resilience and integration, in particular:
- advancing towards a more integrated European deposit protection framework;
- strengthening the framework for liquidity in resolution;
- enhancing the cross-border allocation of capital and liquidity within banking groups, supported by resolvability safeguards and
- promoting targeted simplification, including greater coherence across frameworks and streamlined MREL processes, while preserving resilience. The SRB stands ready to continue engaging with the European Commission and stakeholders as this work progresses.
Contact our communications team
Senior Media and Communications Expert Seán De Búrca Email Sean.de-Burca [a] srb.europa.eu Phone: +32 2 490 3710 Mobile: +32 477 02 87 10
Senior Communications Expert Camille De Rede Email Camille.de-Rede [a] srb.europa.eu Phone: +32 2 490 3530 Mobile: +32 477 028 530
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