Regulatory Alerts2026-03-19 | NRSF-04Technical Standards for the Preparation of Recovery Plans
The Standards Committee of the Central Reserve Bank of El Salvador issues Technical Standards NRSF-04 requiring banks and credit societies to develop, approve, and maintain updated Recovery Plans. These plans must detail corporate governance structures, early warning indicators, and specific financial recovery measures for stress scenarios to ensure institutional stability. The Financial Superintendence reviews these documents for compliance, while the entities' Boards of Directors hold ultimate responsibility for their approval and implementation.
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