Shearman & Sterling LLP | Financial Regulatory Developments Focus | European Central Bank Publishes Best Practices for Eurozone Recovery Plans
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  • European Central Bank Publishes Best Practices for Eurozone Recovery Plans
    07/03/2018
    The European Central Bank has published a report on recovery plans. The ECB is responsible for direct prudential supervision of certain significant banks based in the Eurozone as part of the Single Supervisory Mechanism. Under that remit, the ECB has analyzed the recovery plans of numerous Eurozone banks. The report sets out the ECB's experience of that process and best practices that have been adopted by some banks. The report is intended to assist Eurozone banks to improve their recovery planning, although the report itself is restricted to the recovery plans of significant institutions.

    View the ECB's report.

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