2nd June 2017

BBA response to the EBA’s CP2017/03 on the coverage of entities in a group recovery plan

The BBA has responded to the EBA’s consultation on which entities should be included in a group recovery plan, highlighting concerns the proposed criteria could be interpreted inconsistently by different regulators, and recommending the definition of ‘group-relevant’ is changed to reflect whether an entity provides critical services that support a critical function.

Please read the full response via the link below.

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