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The Single Resolution Mechanism (SRM) is one of the pillars of the European Union's banking union.The Single Resolution Mechanism entered into force on 19 August 2014 and is directly responsible for the resolution of the entities and groups directly supervised by the European Central Bank as well as other cross-border groups.
The question of supervising the European banking system arose long before the financial crisis of 2007-2008.Shortly after the creation of the monetary union in 1999, a number of observers and policy-makers warned that the new monetary architecture would be incomplete, and therefore fragile, without at least some coordination of supervisory policies among euro members.
The SSM was formed in 2002 under the Companies Commission of Malaysia Act 2001, assuming the functions of the Registrar of Companies and Registry of Business. [1] The main purpose of SSM is to serve as an agency to incorporate companies and register businesses as well as to provide company and business information to the public.
A surface-to-surface missile (SSM) or ground-to-ground missile (GGM) [1] is a missile designed to be launched from the ground or the sea and strike targets on land or at sea. . They may be fired from hand-held or vehicle mounted devices, from fixed installations, or from a sh
The Metel Anti-Ship Complex (Russian: противолодочный комплекс «Метель» 'Snowstorm'; NATO reporting name: SS-N-14 Silex) is a Soviet family of anti-submarine missiles. There are different anti-submarine variants ('Metel') for cruisers and frigates, and a later version with a shaped charge ('Rastrub') that can be ...
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The Type 88 surface-to-ship missile (88式地対艦誘導弾, SSM-1) is a truck-mounted anti-ship missile developed by Japan's Mitsubishi Heavy Industries in the late 1980s. It is a land-based version of the air-launched Type 80 (ASM-1) missile ; in turn it was developed into the ship-launched Type 90 (SSM-1B) missile .
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