Expert Support for Regulatory Compliance and Bank Resilience

The Recovery Plan is a fundamental element of a bank’s strategic resilience and one of the key documents within the regulatory crisis management framework. Its purpose is to clearly define timely and effective measures that a bank can implement in situations of severe financial distress, with the goal of preserving solvency and business continuity without external intervention.

Our services include:

• Advisory support in the preparation or revision of the Recovery Plan, in line with supervisory expectations and regulatory requirements.
• Evaluation of the existing Plan, including identification of weaknesses and targeted recommendations for improvement, with a focus on ensuring the Plan’s operational clarity and practical usability.
• Support in the development of core components of the Plan, such as:
  • Identification and monitoring of recovery indicators,
  • Development of realistic and proportionate recovery options,
  • Scenario-based testing of recovery measures,
  • Definition of decision-making and escalation frameworks.
• Defining the roles of control functions (risk management, internal audit) in the development and verification of the Recovery Plan, while ensuring adherence to the principles of independence and objectivity.
• Integration of the Recovery Plan with ICAAP/ILAAP processes and the overall risk management strategy, to ensure consistency across the governance framework.
• Training programs to equip staff with the knowledge and skills required to understand, apply, and operationalize the Recovery Plan effectively.

Why is this important for your bank?

The Recovery Plan is not just a regulatory formality – it is a strategic tool for the bank’s management and board to proactively prepare for extreme stress events. A well-developed Plan strengthens institutional resilience, builds confidence among regulators, clients, and investors, and reduces the risk of inadequate responses in times of crisis.