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.
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🔥 NEW!!!
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OPEN PROGRAM SPRING/SUMMER 2025
Applications are open until June 14, 2025.
Applications are submitted directly via the Contact page by selecting the Recovery Plan Program.
Session Date: Tuesday, June 24, 2025, from 09:00 to 17:00
Format: In-person training at Maglajska 1, Sarajevo Center.
The program is intended for all participants involved in the preparation or update of a Recovery Plan. The number of participants is limited.
Individual investment BAM 480
Value for the Bank
By participating in this program, the bank strengthens its operational resilience and readiness to meet regulatory requirements. Key benefits include:
Regulatory Compliance – Ensures alignment with local and EU regulations, thereby reducing regulatory pressure.
Improved Cross-Functional Understanding – Strengthens collaboration between risk management, finance, ALM, and internal audit functions through a shared understanding of roles in the recovery planning process.
Internal Capacity Building – Enables the bank to independently prepare, maintain, and update its Recovery Plan.
Crisis Preparedness – Supports timely and structured responses in stress scenarios, minimizing potential financial and reputational damage.
Strategic Awareness – Encourages a proactive approach in defining early warning indicators, critical functions, and recovery options.
Ultimately, the program enables financial institutions to shift from reactive compliance to strategic risk management.
Value for the Employee
The program offers employees a range of professional and practical benefits, including:
- Technical Understanding of Regulatory Requirements – Participants gain clarity on the purpose, structure, and mandatory elements of the Recovery Plan in line with domestic and EU regulation.
- Development of Risk Assessment Skills – The program enhances the ability to identify risk scenarios, define early warning indicators, and evaluate recovery measures.
- Strengthened Cross-Functional Collaboration – Helps employees better understand the roles of other departments, contributing to more effective teamwork.
- Increased Professional Visibility – Participation in specialized programs positions attendees as experts within the institution, supporting career advancement.
- Crisis Response Readiness – Equips participants with the tools and confidence to act effectively if the Recovery Plan is activated.
This training provides not only knowledge, but also practical tools and confidence to handle complex regulatory tasks in day-to-day operations.
