Regulation on the provisional system of instalments on contributions to cover the administrative expenditures of the Single Resolution Board during the provisional period

This regulation sets out how the Single Resolution Board (SRB) will collect contributions from banks to cover its administrative costs during an initial phase. It ensures the SRB has the necessary funds to operate effectively while the permanent funding system is established.

Banks and financial institutions will be affected by this provisional system of payments. It aims to provide a stable financial basis for the SRB's crucial role in resolving failing banks and maintaining financial stability.