The integration of european business law b) Mechanisms for preventing and dealing with difficulties in credit institutions i) Legal solutions Directive 2001/24/EC of the European Parliament and of the Council of 4 April 2001 on the reorganisation and winding up of credit institutions: OJEU L 125 of 5 May 2001, p. 15. ii) Administrative solutions For all the Member States: Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms: OJEU L 173 of 12 June 2014, p. 190 ("Resolution Directive" or "BRRD") Member States within the Banking Union have a Single Resolution Mechanism (SRM) which is the 2nd pillar of the Banking Union Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010 of the European Parliament and of the Council: OJEU L 225 of 30 July 2014, p. 1 (applicable since 1 January 2016) c) Deposit guarantee schemes Directive 94/19/EC of the European Parliament and of the Council of 30 May 1994 on deposit-guarantee schemes: OJEU L 135 of 31 May 1994, p. 5 (repealed as from 4 July 2019). Replaced by: Directive 2014/49/EU of the European Parliament and of the Council of 16 April 2014 on deposit guarantee schemes (recast): OJEU L 173 of 12 June 2014, p. 149 (Transposition for 3 July 2015 or 31 May 2016 depending on the provisions) d) Combatting terrorist financing and money laundering Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system 318