Skip to main content

ESM to become backstop to Single Resolution Fund

Revised treaty enhances fund’s role in future adjustment programmes and crisis prevention

European Union flags

The European Stability Mechanism will soon be able to serve as a backstop to the European Union’s Single Resolution Fund (SFR), a key step towards the banking union.

This is included in the Agreement Amending the Treaty Establishing the ESM, which was signed today (January 27) by the ambassadors to the EU of ESM member countries. The deal was originally approved by the Eurogroup of eurozone finance ministers in November.

The amendment also gives the fund a stronger role in preparing and monitoring

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Iniciar sesión
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.