Laboureix warns of gaps in bank crisis preparedness
Single Resolution Board (SRB) Chair Dominique Laboureix warned the Eurogroup that liquidity, solvency and operational risks require stronger crisis preparedness. The European Commission's forthcoming banking package offers scope to close framework gaps.
Liquidity and solvency gaps persist
Dominique Laboureix presented the SRB's biannual reporting note to the Eurogroup on November 9, 2026.
The note identifies geopolitical tensions, market volatility and operational threats as challenges for banks and authorities.
It records progress in strengthening European banks' resilience and resolvability, but identifies remaining gaps in the framework for liquidity and solvency risks.
The SRB sees the European Commission's forthcoming banking package as an opportunity to tackle these long-standing issues.
The report calls for further progress on banking union, simpler and more modern rules and a more complete crisis management framework.
Financial soundness does not prevent outages
Cyber-attacks, information and communications technology disruptions and critical infrastructure outages can interrupt essential banking services even when banks remain financially sound.
The SRB is strengthening preparedness with the Single Supervisory Mechanism, national authorities and other European partners.
It reports to the Eurogroup twice a year, in parallel with the hearing of the Chair of the European Central Bank's Supervisory Board.
Preparedness extends beyond bank balance sheets
The note distinguishes financial resilience from continuity of essential services.
It identifies both liquidity and solvency gaps and operational disruption risks.
The SRB presents legislative changes and cooperation among authorities as parts of its preparedness agenda.