Complex sentence: The SRM would allow for troubled banks operating under the SSM to receive bailout funds from a central 55 billion Single Resolution Fund, which would be filled with contributions by participating banks, to alleviate the impact of failing banks on the sovereign debt of individual states.
Split into simpler sentences: The SRM would allow for troubled banks operating under the SSM to be restructured with bailout funds from a centralized 55 billion SRF, which would be filled with contributions by participating banks. This would help to alleviate the impact of failing banks on the sovereign debt of individual states.