Recovery plans ensure that banks are prepared to restore their viability in a timely manner even in periods of severe financial stress. Banks under the direct supervision of the ECB are required to draft and maintain recovery plans and to submit them annually for assessment. Recovery plans are a key element of the European crisis management framework.
The ECB supports banks in their recovery planning and engages in open and transparent dialogue with them.
Benchmarking of recovery plans (cycle 2018/19)
Benchmarking for better recovery plans (Supervision newsletter article)
Overall recovery capacity: getting it right (Supervision newsletter article)
Recovery planning: the ECB experience (Supervision newsletter article)
Report on recovery plans
Recovery and resolution: banks need to be prepared (Supervision newsletter article)