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This statement was delivered during the annual public hearing of the chairpersons of the three European Supervisory Authorities (ESAs) at the Committee on Economic and Monetary Affairs (ECON) of the European Parliament.

The European Banking Authority (EBA) published today its final Guidelines specifying the type of tests, review or exercises that may lead to extraordinary public support measures for institutions in the banking sector. These Guidelines aim at promoting a consistent and coherent approach to bank resolution across the European Union and will be part of the EU Single Rulebook in the banking sector.