Recommendation on the development of recovery plans (EBA/REC/2013/02)

status: Final and translated into the EU official languages

The EBA adopted a formal Recommendation to ensure that major EU cross-border banks develop group recovery plans by the end of 2013. The plans shall be submitted to the respective competent authorities and discussed within colleges of supervisors. The aim of the Recommendation is to spur the development of recovery plans and to foster convergence on the highest standards across the Union.

Press Release

Discussion Papers