Guidelines on Business Reorganisation Plans
- Status: Final and translated into the EU official languages
These Guidelines focus on the assessment of these plans and have been developed within the framework established by the Bank Recovery and Resolution Directive (BRRD) which sets procedures for the recovery and resolution of credit institutions, investment firms and related entities across the EU. The draft Guidelines specify further the minimum criteria for a plan to be approved by Resolution and Competent Authorities across the EU, who should assess the credibility of the assumptions, as well as the presence of concrete performance indicators in the plan.