Recovery plan: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Classify page.) |
||
| Line 19: | Line 19: | ||
* [[Reverse stress test]] | * [[Reverse stress test]] | ||
* [[Stress]] | * [[Stress]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Risk_reporting]] | |||
Latest revision as of 16:31, 30 July 2021
Bank supervision
A recovery plan is a regulated financial firm’s comprehensive menu of advance options addressing a range of severe financial stresses caused by:
- Bank-specific problems;
- Market-wide stress; or
- Both.
The recovery plan should include all of the management's credible options for addressing both liquidity and capital difficulties.
