Policies relating to recovery planning for banks, building societies and investment firms.

UK legislation

  • Recovery and resolution planning and Recovery plans - The Bank Recovery and Resolution (No. 2) Order 2014 (SI 3348/2014)  (Parts 1, 3 and Part 4

UK technical standards

  • Common provisions and recovery plans, resolution plans and independence of values - Commission Delegated Regulation (EU) 2016/1075 Chapters I and III, as amended, including by The Technical Standards (Bank Recovery and Resolution Directive) (EU Exit) (No.2) Instrument 2019, Annex B
  • Specifying the criteria for assessing the impact of an institution’s failure on financial markets, on other institutions and on funding conditions - Commission Delegated Regulation (EU) 2019/348, as amended, including by The Technical Standards  (Bank Recovery and Resolution Directive) (EU Exit) (No.3) Instrument 2020, Annex A
  • Form and content of the description of group financial support agreements - Commission Implementing Regulation (EU) 2016/911, as amended, including by the Technical Standards (Bank Recovery and Resolution Directive) (EU Exit) (No.2) Instrument 2019, Annex A
 

Supervisory Statements

  • Recovery planning (SS9/17)
  • Non-systemic UK banks: The Prudential Regulation Authority’s approach to new and growing banks (SS3/21, Chapter 5)

Other relevant material

Guidelines originally issued by European Supervisory Authorities should be read in conjunction with "Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU" (Statement of Policy)

  • Guidelines on recovery plans indicators (EBA/GL/2015/02)
  • Guidelines on the range of scenarios to be used in recovery plans (EBA/GL/2014/06)
  • Recommendations on the coverage of entities in a group recovery plan (EBA/REC/2017/02)
  • Guidelines specifying the various conditions for the provision of group financial support (EBA/GL/2015/17)
This page was last updated 31 January 2023