When the entirety of the Single Resolution Mechanism rules enter into force, they will apply to banks in the euro area member states and in those EU countries which choose to join the banking union.

BRUSSELS, Dec 14 (Reuters) - The European Union has not worked out yet how to fund a single euro zone bank resolution mechanism in the transition period until enough fees from banks accrue for winding ...

Efforts to create a single European resolution mechanism to bail out or wind down troubled eurozone banks are bogged down in uncertainty and political wrangling, throwing the banking union project ...

The EU has developed a robust framework to manage the orderly resolution of failing banks in order to protect financial stability, ensure the continuity of critical banking functions, and minimise the ...