EU Council Adopts Bank Crisis Management and Deposit Insurance Reforms
Small and mid-sized EU banks get better access to resolution safety nets.
What Changed
In March 2026, the EU Council adopted first-reading positions on reforms to the Bank Recovery and Resolution Directive (BRRD), the Single Resolution Mechanism (SRM) Regulation, and the Deposit Guarantee Schemes Directive (DGSD). The reforms improve resolution processes for small and medium-sized banks by giving them access to industry-funded safety nets as additional resolution-financing tools. The European Parliament considered these proposals during its plenary session on March 25-26, 2026.
Who It Affects
Small and medium-sized banks across the EU that previously had limited access to resolution tools. National deposit guarantee schemes that will serve as additional financing sources. Fintech partners and service providers to regional banks.
What to Do
If you are a smaller EU bank or a fintech serving regional banks, review the amended BRRD and DGSD provisions for changes to resolution planning obligations. Assess whether the reforms affect your recovery plan requirements or reporting obligations.
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