Recovery plans should set out options to restore financial strength and viability when the firm comes under severe stress. This Guidance focuses on two specific aspects of recovery plans: (i) the design and nature of criteria triggering senior management consideration of recovery actions ("triggers"), a firm's reactions to breached triggers, and engagement by supervisory and resolution authorities following breached triggers; and (ii) the severity of hypothetical stress scenarios and the design of stress scenarios more generally. This Guidance complements the guidance on recovery plans set out in Annex III to the Key Attributes. It should benefit Crisis Management Groups (CMGs) as they work towards implementing the G-SIFI requirements, while also supporting individual authorities seeking to build on initial recovery plan iterations.