Recovery plan

From ACT Wiki
Revision as of 09:53, 21 September 2016 by imported>Doug Williamson (Create the page. Sources: linked pages and PRA http://www.bankofengland.co.uk/pra/Documents/publications/ss/2015/ss1813update.pdf)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

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.


See also