As I have emphasized many times, including very recently, mechanisms are also needed to facilitate the orderly exit from the market of small- and medium-sized banks that cannot access the resolution procedure and therefore cannot receive support from the SRF even though they contribute to it.
To this end, we should take a close look at the experience of the US’s Federal Deposit Insurance Corporation (FDIC), which during the global financial crisis effectively managed the crises of hundreds of small- and medium-sized banks without adverse effects on overall stability.