The Single Resolution Board (SRB) possesses statutory, formal independence by law, and its decisions are guided by a set of objectives whose application requires interpretation and trade-offs. The resulting discretion is balanced by accountability to the EU Institutions, and in particular, to the European Parliament. To support parliamentary scrutiny of the SRB during the 10th parliamentary term, this briefing presents the provisions on accountability in the SRB’s founding legislation and analyses the objectives that the SRB has to pursue - and against which its actions can be judged.Source : © European Union, 2024 - EP