After months of discussion with the Council and European Parliament, the Commission finally presented, on 21 October, the methodology to be used to calculate the contributions by eurozone banks to the €55 billion Single Resolution Fund (SRF). The fund will be available to support restructuring of failing banks in the future.
The executive adopted a delegated act on which the EP and Council have a right of scrutiny for three months, and a draft implementing act that will have to…