2023-11-14

Added 2026-06-03 · Updated 2026-09-12

Directive on Minimum Requirements

The National Bank of Romania (BNR) issued this directive to establish minimum requirements for financial institutions' recovery planning and governance frameworks. It mandates the development of recovery plans that address both fast- and slow-moving stress scenarios, alongside structured internal governance arrangements. The directive further outlines the assessment criteria for validating recovery plans and establishes final provisions to ensure consistent regulatory compliance across the sector.

Rwanda

National Bank of Rwanda

Get BNR alerts — same-day email on every new publication.

BNR RESTRICTED
CHAPTER I: GENERAL PROVISIONS
CHAPTER II: GOVERNANCE

BNR RESTRICTED
CHAPTER III: RECOVERY PLANNING PROCESS

BNR RESTRICTED

BNR RESTRICTED
The scenarios shall cover both fast-moving and slow-moving events.

BNR RESTRICTED
CHAPTER IV: CONTENT OF RECOVERY PLAN AND ITS ASSESSMENTS

BNR RESTRICTED by assessing the extent to which a recovery plan satisfies the requirements of this Directive;

BNR RESTRICTED
CHAPTER V: MISCELLANEOUS AND FINAL PROVISIONS

Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.

Similar documents from other regulators

SARBD1/2015: Minimum Requirements for Recovery Plans of Banks, Controlling Companies and Foreign BranchesSouth Africa · 2015-02-04
NBTRequirements for the Preparation of a Business Recovery Plan for Credit Financial OrganizationsTajikistan · 2023-07-26
FTOrder on Recovery Plans for Credit Institutions, Mortgage Credit Institutions, Ship Finance Institutions and Investment FirmsDenmark · 2023-01-16
BCBResolution CMN No. 4502 — Establishes Minimum Requirements for the Preparation and Execution of Recovery Plans by Financial InstitutionsBrazil · 2016-06-30
MFSACircular to Institutions on the submission of a Recovery Plan DocumentMalta · 2015-09-17
NBKRRegulation on Requirements for a Bank's Financial Rehabilitation PlanKyrgyzstan · 2025-12-26
MFSACircular on the issuance of new Banking Rule BR/20 on Recovery Plans for Credit InstitutionsMalta · 2019-06-27
BSIRegulation on the Application of Guidelines on the Range of Scenarios for Recovery PlansSlovenia · 2020-02-18
NBGRule on Developing and Assessment of Recovery Plan of a Commercial BankGeorgia · 2020-06-29

Source: National Bank of Rwanda — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works