FROB - Autoridad de Resolución Ejecutiva, ir a inicio
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Sede Electrónica
FROB - Autoridad de Resolución Ejecutiva, ir a inicio
  • About FROB
    • FROB at a glance
    • Who we are
    • Governance and organization
      • Governing Committee
      • Chair
      • Management Committee
    • Financial Reports
      • Capital and funding
      • Annual accounts
      • Budgetary information
    • Annual report on FROB´s activity
    • Procurement
      • Applicable law and contractor profile
      • Contracts excluded from LCSP
    • Recruitment
  • FROB in the SRM
    • What is banking resolution?
      • Banking resolution
      • Principles and objectives of banking resolution
      • Resolution tools
      • More information about banking resolution
    • The SRM and the Banking Union
      • The SRM and the Banking Union
      • Single Resolution Board (SRB)
    • Resolution framework in Spain
      • Resolution in Spain
      • FROB as the national executive resolution authority
    • Resolution Funds
      • National Resolution Fund
      • Single Resolution Fund
      • Contributions to the Resolution Funds
      • SRF – NRF comparison
    • Resolution Decisions within the SRM
    • EU Legislation
  • FROB´s first years
    • Fund for Orderly Bank Restructuring
    • Financial support granted
      • Figures of FROB’s activity
      • Figures by entities
      • Guarantees
    • Legislation
    • FROB Resolution Decisions
    • Shareholdings
      • Sareb
      • BFA
  • Press and publications
    • Press releases and information notes
    • Public engagements and publications
    • Press Contact details
    • Media resources
    • Policy on FROB LinkedIn use
  • Transparency portal
    • Annual Accounts
    • Budgetary information
    • Average period of payment to suppliers
    • Court of Auditors’ reports
    • Management Remuneration
    • Statistical data on procurement
    • Cooperation agreements
    • Register of data processing activities
    • Access to public information
    • Refusal decisions on Transparency
    • Whistleblower Channel
    • Internal regulations
    • National Security Framework
  • ENG
    • ESP
    • ENG
    • CAT
    • GLG
    • EUS
    • VAL
  • ENG
    • ESP
    • ENG
    • CAT
    • GLG
    • EUS
    • VAL
Sede Electrónica
  • About FROB
    • FROB at a glance
    • Who we are
    • Governance and organization
      • Governing Committee
      • Chair
      • Management Committee
    • Financial Reports
      • Capital and funding
      • Annual accounts
      • Budgetary information
    • Annual report on FROB´s activity
    • Procurement
      • Applicable law and contractor profile
      • Contracts excluded from LCSP
    • Recruitment
  • FROB in the SRM
    • What is banking resolution?
      • Banking resolution
      • Principles and objectives of banking resolution
      • Resolution tools
      • More information about banking resolution
    • The SRM and the Banking Union
      • The SRM and the Banking Union
      • Single Resolution Board (SRB)
    • Resolution framework in Spain
      • Resolution in Spain
      • FROB as the national executive resolution authority
    • Resolution Funds
      • National Resolution Fund
      • Single Resolution Fund
      • Contributions to the Resolution Funds
      • SRF – NRF comparison
    • Resolution Decisions within the SRM
    • EU Legislation
  • FROB´s first years
    • Fund for Orderly Bank Restructuring
    • Financial support granted
      • Figures of FROB’s activity
      • Figures by entities
      • Guarantees
    • Legislation
    • FROB Resolution Decisions
    • Shareholdings
      • Sareb
      • BFA
  • Press and publications
    • Press releases and information notes
    • Public engagements and publications
    • Press Contact details
    • Media resources
    • Policy on FROB LinkedIn use
  • Transparency portal
    • Annual Accounts
    • Budgetary information
    • Average period of payment to suppliers
    • Court of Auditors’ reports
    • Management Remuneration
    • Statistical data on procurement
    • Cooperation agreements
    • Register of data processing activities
    • Access to public information
    • Refusal decisions on Transparency
    • Whistleblower Channel
    • Internal regulations
    • National Security Framework
  • ENG
    • ESP
    • ENG
    • CAT
    • GLG
    • EUS
    • VAL
  • About FROB
    • FROB at a glance
    • Who we are
    • Governance and organization
      • Governing Committee
      • Chair
      • Management Committee
    • Financial Reports
      • Capital and funding
      • Annual accounts
      • Budgetary information
    • Annual report on FROB´s activity
    • Procurement
      • Applicable law and contractor profile
      • Contracts excluded from LCSP
    • Recruitment
  • FROB in the SRM
    • What is banking resolution?
      • Banking resolution
      • Principles and objectives of banking resolution
      • Resolution tools
      • More information about banking resolution
    • The SRM and the Banking Union
      • The SRM and the Banking Union
      • Single Resolution Board (SRB)
    • Resolution framework in Spain
      • Resolution in Spain
      • FROB as the national executive resolution authority
    • Resolution Funds
      • National Resolution Fund
      • Single Resolution Fund
      • Contributions to the Resolution Funds
      • SRF – NRF comparison
    • Resolution Decisions within the SRM
    • EU Legislation
  • FROB´s first years
    • Fund for Orderly Bank Restructuring
    • Financial support granted
      • Figures of FROB’s activity
      • Figures by entities
      • Guarantees
    • Legislation
    • FROB Resolution Decisions
    • Shareholdings
      • Sareb
      • BFA
  • Press and publications
    • Press releases and information notes
    • Public engagements and publications
    • Press Contact details
    • Media resources
    • Policy on FROB LinkedIn use
  • Transparency portal
    • Annual Accounts
    • Budgetary information
    • Average period of payment to suppliers
    • Court of Auditors’ reports
    • Management Remuneration
    • Statistical data on procurement
    • Cooperation agreements
    • Register of data processing activities
    • Access to public information
    • Refusal decisions on Transparency
    • Whistleblower Channel
    • Internal regulations
    • National Security Framework
  • ENG
    • ESP
    • ENG
    • CAT
    • GLG
    • EUS
    • VAL
Sede Electrónica

Banking Resolution

FROB / FROB in the SRM / What is banking resolution? / Banking resolution

Banking Resolution

Resolution is the restructuring of a failed credit institution or investment firm, or of one that will fail in the near future, when no alternatives exist or whereby it is necessary on grounds of public interest and financial stability to avoid it going into liquidation.

The impact of the financial crisis that began in 2008 on the taxpayer and on financial stability revealed the limits of the existing crisis management regulatory framework. For this reason, the European Union approved the regulatory framework for banking resolution (the Resolution Directive and the Regulations that develop it), implementing the new international standards agreed by the Financial Stability Board.

At national level, Law 11/2015 developed the new institutional framework in Spain, establishing a new paradigm in the management of banking crises: the principle that shareholders and then the creditors must assume losses in the event of a resolution, with the goal of protecting financial stability and the taxpayer.

The European framework was revised in 2019, with the aim of reinforcing it by implementing international loss absorption and recapitalization standards and by giving resolution authorities powers to analyse the progress of entities in facilitating their resolution, along with sanctioning capabilities.

On April 18th, 2023, the European Commission published a new proposal to reform the crisis management framework. This proposal pays more attention to an efficient resolution of crises in small and medium-sized entities.

ENG Cronograma - UE

More information

  • ABC of banking resolution (text in Spanish)
  • Bail-in mechanics in Spain (text in Spanish)
  • Video: What is banking resolution?

FROB in the SRM

  • What is banking resolution?
    • Banking resolution
    • Principles and objectives of banking resolution
    • Resolution tools
    • More information about banking resolution
  • The SRM and the Banking Union
    • The SRM and the Banking Union
    • Single Resolution Board (SRB)
  • Resolution framework in Spain
    • Resolution in Spain
    • FROB as the national executive resolution authority
  • Resolution Funds
    • National Resolution Fund
    • Single Resolution Fund
    • Contributions to the Resolution Funds
    • SRF – NRF comparison
  • Resolution Decisions within the SRM
  • EU Legislation

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