However, any fiscal support to the SRM should be in the form of credit to the European Resolution Fund to be repaid ex post. For this purpose, the European Resolution Fund should have the authority to impose additional levies on the banks under the jurisdiction of the SRM. This should ensure that the mechanism is fiscally neutral over the medium term.
Resolution activity would possibly require the temporary use of public money if the Resolution Fund did not have enough resources, for instance, to capitalise a bridge bank that is later sold to the private sector, thus recovering the capital involved.