Regulatory Alerts2025-07-23
Bank Recovery Plan Regulation (BaSaPV)
The Austrian Financial Market Authority (FMA) issued the Bank Recovery Plan Regulation (BaSaPV) to standardize the content, detail level, and proportional requirements for bank recovery plans. The regulation classifies entities into four categories based on asset size and business scope, mandating tailored scenarios and capital indicators for each. It establishes strict initial submission deadlines and update frequencies, requiring all categorized entities to submit or resubmit plans by specified dates in late 2025 and 2026.
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