Recovery plan: Difference between revisions
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A recovery plan is a regulated financial firm’s comprehensive menu of advance options addressing a range of severe financial stresses caused by: | A recovery plan is a regulated financial firm’s comprehensive menu of advance options addressing a range of severe financial stresses caused by: | ||
Revision as of 21:54, 20 November 2016
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.
