EBA report on recovery plans dry runs

The European Banking Authority (EBA) has published a report analysing the recovery plan submissions of 16 European cross-border banking groups, whose parent institutions are located in ten different EU countries, with a particular focus on the practices observed in relation to recovery plan so-called 'dry runs'. The exercise aims to inform institutions' future designs of recovery plan dry runs and contribute to the development of useful benchmarks for their implementation—it is not intended to... By: A&O Shearman