Recovery and Resolution Planning

Recovery and Resolution Planning involves creating strategies that help organizations, especially financial institutions, manage crises effectively. Recovery planning outlines steps to restore operations and stability if they face financial distress. Resolution planning focuses on how to wind down a company in an orderly way to minimize disruption to the economy and protect stakeholders. Essentially, these plans ensure that organizations can respond to financial challenges without threatening their own survival or that of the broader financial system, thereby enhancing overall economic stability.