27/06/2024 (Agence Europe) – On Wednesday 26 June, the Single Resolution Board (SRB), the European agency responsible for resolving failing banks within the banking union, published a document on the implementation of bail-in, a provision that allows the creditors and shareholders of a failing bank that is being resolved to be mobilised first. When a bank is close to failure, the SRB establishes a resolution framework and the competent national authority a decision implementing this...