Annual report 2024

The 2024 Annual Report of the SRB highlights the organisation's key activities and performance throughout the year, all aimed at fulfilling its mission, mandate, and vision. This year marks the beginning of a new phase for the SRB and SRM, driven by a newly established strategy - SRM Vision 2028, adopted in February 2024 - that serves as the foundation for the working priorities and activities over the next five years. The year proved eventful and productive with several significant milestones occurring throughout. In 2024, the SRB, in close cooperation with NRAs, made good progress in strengthening its crisis management capabilities and enhancing operational tools for managing crises efficiently. Work on the operationalisation of resolution tools advanced in form of updates to National Handbooks by NRAs in close collaboration with the SRB, enhanced crisis documentation, and the development of dedicated templates and flashcards on crisis response. Collaboration with NRAs was streamlined through joint initiatives, including the work on joint work programmes and regular reporting in the Resolution Committee (CoRes)2 substructures. In addition, the SRM's efforts to reinforce crisis communication were bolstered by the formalisation of the SRM Communications Forum and the initiation of work on an update to the Crisis Communication Plan.