Regulatory Technical Standards on Business Reorganisation Plans
- Status: Final and translated into the EU official languages
These Regulatory Technical Standards (RTS) define the content of “Business Reorganisation Plans and Progress Reports”. These RTS 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 RTS develop in detail the elements that should be included in a resolution plan and the content of the related progress reports.