RTS on content of recovery plans

Official name

COMMISSION DELEGATED REGULATION (EU) 2016/1075 of 23 March 2016 supplementing Directive 2014/59/EU of the European Parltime and of the Council with regard to regulatory technical standards specifying the content of recovery plans, resolution plans and group resolution plans, the minimum criteria that the competent authority is to assess as regards recovery plans and group recovery plans, the conditions for group financial support, the requirements for independent valuers, the contractual recognition of write-down and conversion powers, the procedures and contents of notification requirements and of notice of suspension and the operational functioning of the resolution colleges

Type

Delegated Regulation

Level 2

Initiator

EBA

Submitted

15.05.2012

Doc. code

2016/1075

Summary

Status

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Current version

Final version

23.03.2016

Next step

Entry into force

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Application date

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Scope

Relevant for

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Level 1

Bank Recovery and Resolution Directive (BRRD) (binding, Main version, EU)

Level 2

Minimum requirements for restructuring plans of financial institutions and investment firms (MaSanV) (binding, Main version, DE)

Minimum requirements for IT systems for settlement evaluation (MaSettlement evaluation) (binding, Supplement, DE)

Level 3 / Other

EEA Agreement: Implementation of amending regulatory compliance on recovery plans (non-binding, EU)

Coverage of entities in a group recovery plan (binding, EU)

Recovery Plans for significant institutions (non-binding, EU)

Guidelines on improving resolvability (binding, Supplement, EU)

Guidelines for total recovery capacity in remediation planning (binding, Supplement, EU)