The report takes stock of the progress to date, describes implementation issues and the links with policy work and other initiatives, and outlines the strategy going forward.
This consultative document aims to provide guidance on the assessment of a jurisdiction's compliance with the Key Attributes. Comments should be sent to [email protected] by 31 October 2013.
Invitations to the workshop will be extended to all G-SIBs identified in November 2012 as well as to national and international banking federations that responded to the earlier FSB consultation exercise.
This guidance focuses on two specific aspects of recovery plans: the design and nature of criteria triggering senior management consideration of recovery actions, and the severity of hypothetical stress scenarios and the design of stress scenarios more generally.
This guidance should assist authorities and CMGs in their evaluation of the criticality of functions that firms provide to the real economy and financial markets.
This guidance aims to assist authorities and firms in implementing the recovery and resolution planning requirements under the Key Attributes. The guidance was revised in light of comments received during the public consultation.