Bank Recovery and Resolution Planning

Introduction to RRP: Financial crisis and impact on banking sector, Financial Stability Board’s requirements for RRPs. Approach to creating recovery and resolution plans: Definition of group structure, legal entities, business lines, and supporting infrastructure, Key objectives of an RRP. Building and Verifying a recovery plan: The aim of this section is to look at the steps required to build and stress test a recovery plan, and consider the viability of various recovery options. Building a resolution plan: The aim of this section is to look at the steps required to build a resolution plan and key requirements to consider. Regulatory interactions and toolkit: The aim of this section is to explore the regulatory bodies which are involved in the RRP process, as well as review the financial institutions toolkit for implementing their RRP. Practical challenges faced by financial institutions: The aim of this section is to review some of the practical hurdles which financial institutions encounter during the RRP process.