BIS central bankers’ speeches  13  Fortunately there is now experience at home and abroad with market-supporting liquidity interventions that can be activated at short notice, as well as some tentative lessons from the QE experience in the major advanced economies. Nevertheless, QE remains new ground for central banks in many ways.
However, the board ensures that there is no national bias and the identical cases are treated identically. Single Resolution Fund The SRM includes a special resolution fund to provide resources for implementing resolution tools. The Single Resolution Fund will be financed via levies on the banking sector itself.