Difference between revisions of "Contigency Plan"
From Open Risk Manual
Wiki admin (talk | contribs) (Created page with "== Definition == A '''Contingency Plan''' is a plan, developed by the supervisory authority that describes what it has to do in order to deal with a variety of weak bank probl...") |
(No difference)
|
Latest revision as of 15:06, 2 April 2019
Definition
A Contingency Plan is a plan, developed by the supervisory authority that describes what it has to do in order to deal with a variety of weak bank problems in the context of Bank Resolution.
Among other things, the plan should outline the options available to the supervisor and parties that should be informed.[1]
References
- ↑ BCBS, Supervisory Guidance on Dealing with Weak Banks, March 2002
