Notice concerning the 2020 contribution to the Single Resolution Fund - Start of the process of collecting contributions

With reference to the Single Resolution Fund (SRF) 2020 contribution period, the Single Resolution Board (SRB), as a result of the activities of data collection and analysis, has approved the calculation and the institution-specific ex-ante contribution amounts.

The calculation has been performed in line with the provisions of Delegated Regulation (EU) No 2015/63 and of Council Implementing Regulation (EU) No 2015/81.

In the current stage of the contribution process, Bank of Italy, as National Resolution Authority, is responsible for communicating to institutions the contributions due and collecting the final amount of contributions to be paid to the SRF. The SRB in its executive session is the Authority entitled to adopt decisions on the amounts of contributions.  

For this purpose, institutions are required to pay the contribution due to Bank of Italy, which will transfer to the SRB the amounts collected.

The payment must be made during the period from 18 May 2020 to 22 May 2020, without any delay.

For any clarification, institutions can contact the Resolution and Crisis Management Unit at the email address BI_SRB@bancaditalia.it.