The Recovery Plan (RP) and Resolution Plan (RP) are comprehensive, as well as time- and resource-intensive regulatory submissions that banks must produce on a regular basis. They are regulator-required documents (see PRA PS29/17 and CP9/17, and SS19/13, and the 2019 Bank of England's resolution framework document) that must be completed to a high degree of detail and precision, and approved by the bank's Board. The PRA's ?Dear CEO? letter of July 2018 highlighted some of the areas where banks? Recovery Plans had fallen short of required standards. .

This workshop presents a detailed best-practice approach to the RP and RP process, considering latest regulatory requirements, the specific technical content required and how to ensure an efficient production process. It also looks at the interaction with, and cross-over from, the ICAAP, ILAAP and Liquidity Contingency Process (LCP), all of which are separate, standalone documents alongside the RP and RP.

By the end of this workshop you will be able to:

  • Operate an efficient and optimised LCP / RP / RP process that benefits the entire bank
  • Obtain presentable results sooner and with greater effectiveness
  • Transfer knowledge bank-wide on ?What makes a good RP??
  • Understand the cross-over and interaction process from ICAAP, ILAAP to LCP, RP and RP
  • Effectively integrate the RP and RP into the bank's Board Risk Appetite Framework and Risk Indicator triggering and escalation processes

2021 PRUDENTIAL RISK WORKSHOP SERIES

  1. Asset Liability Committee (ALCO) Governance Framework Best Practice - 20 September
  2. ICAAP Best Practice Principles - 13 October
  3. ILAAP Best Practice Principles - 28 October
  4. Interest Rate Risk in the Banking Book (IRRBB) - 8 November
  5. Recovery and Resolution Planning Principles - 24 November
  6. Bank Funds Transfer Pricing Best Practice Principles - 6 December
  7. Fundamentals of Integrated Balance Sheet Management - 13 December

Speak with us about available discounts if booking more than one workshop in the series (5% off if you book two workshops, 10% off if your book three workshops, and if you book four or more we?ll give you one free). Email us at training@ukfinance.org.uk to discuss.

Moorad Choudhry

Moorad Choudhry

Moorad Choudhry is an Independent Non-Executive Director on the Board of Recognise Financial Services Ltd. He has over 30 years experience in banking ...

Moorad Choudhry is an Independent Non-Executive Director on the Board of Recognise Financial Services Ltd. He has over 30 years experience in banking in the City of London and was latterly Treasurer, Corporate Banking Division at The Royal Bank of Scotland. He is author of The Principles of Banking (John Wiley & Sons Ltd 2012).

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  • ALCO members
  • Head of Treasury
  • Head of Balance Sheet Management
  • Head of Money Markets
  • Head of ALM
  • Head of Liquidity Risk
  • CRO and staff
  • CFO and staff
  • Head of Regulatory Reporting
  • Head of Internal Audit
  • Management consultants in Basel III space