Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: Intergovernmental Agreement on the transfer and mutualisation of contributions to the Single Resolution Fund | Statement: [Single Resolution Fund, legalBasis, Intergovernmental Agreement on the transfer and mutualisation of contributions to the Single Resolution Fund]

Target entity: Intergovernmental Agreement on the transfer and mutualisation of contributions to the Single Resolution Fund
Context triple: [Single Resolution Fund, legalBasis, Intergovernmental Agreement on the transfer and mutualisation of contributions to the Single Resolution Fund]

• A. Treaty Establishing the European Stability Mechanism
  The Treaty Establishing the European Stability Mechanism is an international agreement among euro area member states that created the permanent bailout fund designed to safeguard financial stability in the eurozone.
• B. Regulation (EU) No 1092/2010 on European Union macro-prudential oversight of the financial system
  Regulation (EU) No 1092/2010 is the EU legislative act that established the European Systemic Risk Board and the framework for macro-prudential oversight to prevent and mitigate systemic risks to the Union’s financial system.
• C. Solvency II Directive
  The Solvency II Directive is a European Union regulatory framework that sets risk-based capital, governance, and reporting requirements for insurance and reinsurance companies operating in the EU.
• D. Directive 2014/49/EU on Deposit Guarantee Schemes
  Directive 2014/49/EU on Deposit Guarantee Schemes is an EU law that harmonizes rules for protecting bank deposits across member states by setting common standards for deposit guarantee schemes.
• E. European System of Financial Supervision
  The European System of Financial Supervision is the EU’s integrated framework of supervisory authorities and bodies designed to oversee the stability and proper functioning of the European financial system.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"

Entity: Intergovernmental Agreement on the transfer and mutualisation of contributions to the Single Resolution Fund
Triple: [Single Resolution Fund, legalBasis, Intergovernmental Agreement on the transfer and mutualisation of contributions to the Single Resolution Fund]

The Intergovernmental Agreement on the transfer and mutualisation of contributions to the Single Resolution Fund is a treaty among EU member states that sets out how national bank resolution contributions are pooled and shared to support the Single Resolution Mechanism in managing failing banks.

Target entity: Intergovernmental Agreement on the transfer and mutualisation of contributions to the Single Resolution Fund
Target entity description: The Intergovernmental Agreement on the transfer and mutualisation of contributions to the Single Resolution Fund is a treaty among EU member states that sets out how national bank resolution contributions are pooled and shared to support the Single Resolution Mechanism in managing failing banks.

• A. Treaty Establishing the European Stability Mechanism
  The Treaty Establishing the European Stability Mechanism is an international agreement among euro area member states that created the permanent bailout fund designed to safeguard financial stability in the eurozone.
• B. Regulation (EU) No 1092/2010 on European Union macro-prudential oversight of the financial system
  Regulation (EU) No 1092/2010 is the EU legislative act that established the European Systemic Risk Board and the framework for macro-prudential oversight to prevent and mitigate systemic risks to the Union’s financial system.
• C. Solvency II Directive
  The Solvency II Directive is a European Union regulatory framework that sets risk-based capital, governance, and reporting requirements for insurance and reinsurance companies operating in the EU.
• D. Directive 2014/49/EU on Deposit Guarantee Schemes
  Directive 2014/49/EU on Deposit Guarantee Schemes is an EU law that harmonizes rules for protecting bank deposits across member states by setting common standards for deposit guarantee schemes.
• E. European System of Financial Supervision
  The European System of Financial Supervision is the EU’s integrated framework of supervisory authorities and bodies designed to oversee the stability and proper functioning of the European financial system.
• F. None of above. chosen