Council considers EP's position on SRM: On 11 March, the meeting of the Economic and Financial Affairs (ECOFIN) Ministers updated the mandate for the Presidency of the Council to make a final attempt to reach a political agreement with EP on the SRM Regulation. The Commission reported that, despite some concessions, the Council has not changed its view on who should have the final say on resolution decisions under the SRM. (Source: Consideration of the EP's Amendments and Statement by Commissioner Michel Barnier)