The Council of the EU has adopted the Regulation for a Single Resolution Mechanism (SRM Regulation).

The SRM Regulation will enter into force on the twentieth day following its publication in the Official Journal of the EU. It will apply from 1 January 2016, with the exception of certain provisions relating to the establishment of the SRM and the making of delegated and implementing acts, which will apply at earlier dates.

View Council adopts rules setting up single resolution mechanism, 14 July 2014