Resolution Planning Framework

The Resolution Planning Framework is a set of guidelines designed to ensure that financial institutions, like banks, can effectively manage their operations during crises or potential failures. It involves creating detailed plans outlining how a bank can continue to operate or wind down its activities without causing significant disruption to the economy or financial system. This framework helps protect customers and the broader market by ensuring that there are strategies in place to handle problematic situations, thereby minimizing risks and promoting stability within the financial sector.