There has been published in the Official Journal of the EU (OJ), the text of the Regulation for a Single Resolution Mechanism (SRM Regulation).
The Regulation comes into force 20 days after publication in the OJ, that is, 19 August 2014. 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.