10/06/2022 (Agence Europe) – The Single Resolution Board (SRB), the European authority in charge of resolving failing banks within the banking union, published on Friday 10 June several unclassified documents aimed at shedding more light on the process that led to the resolution of the Austrian, Slovenian and Croatian subsidiaries of the Russian bank Sberbank in early March, after the European Union adopted sanctions targeting the Russian banking sector in response to Russia’s invasion of Ukraine (see EUROPE 12902/2). “Financial stability was protected and taxpayers’ funds remained untouched” in the process, the SRB Council said in a statement. See documents: https://aeur.eu/f/21t (MB)