Sector Regulation Sector Regulation

US banking crisis shows need for ‘sound resolution authority’ in Europe, SRB chief says

By Fiona Maxwell
  • 17 Mar 2023 12:35
  • 17 Mar 2023 12:35
The importance of strong bank crisis management rules in the EU has been proven by the recent collapse of US banks, the Single Resolution Board's new chief said today.

SRB chair Dominique Laboureix said in a post on its website today that the regulator should now move into its “second phase of existence”

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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