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- Title
Recovery planning: preparing for stress.
- Authors
Sellar, Philip; Adeleye, Dele
- Abstract
The article offers suggestions on how to increase resilience in banks for stress management in Great Britain. It highlights the importance of recovery planning to deal with financial crisis and insufficient financial losses in banks. An overview on the credibility and testing of recovery planning as well as its effect to supervisory approach of bank Prudential Regulation Authority (PRA), is also investigated.
- Subjects
UNITED Kingdom; BRITISH banking industry; BANK management; BANK of England. Prudential Regulation Authority; FINANCIAL crises; PREVENTION; MANAGEMENT
- Publication
Bank of England Quarterly Bulletin, 2016, Vol 56, Issue 4, p200
- ISSN
0005-5166
- Publication type
Article