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Published on Thursday, December 17, 2015

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Financial regulation | Single Resolution Fund on schedule

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Summary

Over recent weeks, the Eurozone has taken the necessary steps to ensure the effective functioning of the Single Resolution Mechanism from January 2016. The ratification of the Intergovernmental Agreement on the Single Resolution Fund (SRF) and the agreement on a bridge financing mechanism for the SRF are essential elements to complete the banking union.

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