There are three techniques for the failing banks. First, the Bank of England can decide that whether a failing bank’s business should be transferred to a commercial buyer. Next, the Bank of England can establish a bridge bank which is wholly owned by the Bank to take over the failing bank. And then, a failing bank can be nationalised by the HM Treasury. If a bank is unable to pay its debts or winding up a bank is favourable to the interest of public or the winding up would be fair, then the bank will enter into the insolvency process. According to the Banking Act 2009, the application can be made by the Bank of England, the Financial Service Authority (FSA) or the Secretary of State to the court due to different reasons. It is clear that through the SRR, both the failing bank and failed bank can be properly resolved.

Different jurisdiction has different financial system. Therefore the pattern of coordination among the partners of the financial safety net is various in each state. In the United Kingdom, the Financial Services Compensation Scheme