MEPs have adopted new rules for bank failures focused on protecting taxpayers, depositors, and small businesses. The rules expand coverage to minimize economic disruption, harmonize depositor protection across EU, and prioritize industry-funded safety nets. Measures include enhanced protection for depositors, access to resolution funding, and the inclusion of small and medium-sized banks in the resolution framework. The goal is to reduce reliance on taxpayers' money and promote market-based solutions. The reform strengthens the EU crisis management framework and moves towards completing the banking union.