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Banking Union: Overview of progress in achieving risk reduction measures


This document follows up on the request by the President of the Eurogroup of 16 May 2018 to the European Commission, the European Central Bank (in view of its tasks within the Single Supervisory Mechanism) and the Single Resolution Board (SRB) to support EU Member States in their discussions on the further development of the banking union. The aim of the report is to provide information on the progress already achieved with respect to risk reduction measures (RRMs) and to present the impact of RRMs already implemented at EU and national levels.