Bratislava: The Single Resolution Board published its response to a European Commission consultation on the Markets in Crypto-Assets Regulation on 9 October 2026. The Commission is reviewing MiCA to assess its effectiveness in light of rapid market developments. The agency, which manages the failure of large banks in the euro area, chose to contribute its own view to that review.

Two days earlier, on 7 October, the Board issued a press release announcing a list of its planned consultations and a simplification of its requests to industry from 2027. The reports consulted for this article give only the headline of that release. The direction is clear all the same, since it responds to calls from banks and policymakers to reduce reporting burdens.

The two announcements fit together. The Board sits at the centre of the Banking Union, and crypto-asset rules touch its mission whenever a bank holds or services such assets. A resolution authority needs to know how digital assets would behave in a crisis, who the counterparties are, and whether they could be sold or transferred quickly. The full text of the response is not reproduced in the sources, so its specific recommendations remain to be read in the original document.

The Board also gave a reassuring signal on the banking side in July 2026. Its MREL dashboard for the second half of 2025, summarised under the headline “Banks continue to meet their MREL targets at year end 2025”, showed that lenders still hold enough loss-absorbing capacity. In a comparable earlier release, from November 2025, the Board reported that the shortfall was less than 0.01 percent of total risk exposure amount.

Those figures help explain why the Single Resolution Board is turning attention to process and new risks. When compliance with core requirements is high, supervisors have room to trim duplicative data requests and to scan the horizon for emerging markets. A published consultation calendar also lets banks plan their workload months ahead. For smaller institutions, which often lack large reporting teams, fewer and better-timed data requests can free up staff for risk management. The Single Resolution Board has not yet said which existing requests it will merge or drop from 2027, so banks will look for those details in the published list.

Banks and crypto-asset service providers should read the Single Resolution Board response alongside the Commission review. Any change to MiCA that affects how crypto-asset activity is organised inside banking groups would ultimately reach resolution planning, and the Single Resolution Board has now put its position on the record.