15. Following the definition of the previous components, institutions should determine the ORC as a …

Following the definition of the previous components, institutions should determine the ORC as a range of the ‘scenario-specific recovery capacities’ for all the relevant scenarios of severe macroeconomic and financial stress considered in the recovery plan, where the ‘scenario-specific recovery capacity’ is defined as the sum of the quantitative impacts of each recovery option that would be available and appropriate under each specific scenario, quantified in terms of institutions’ relevant recovery plan indicators referring to capital (including leverage) and liquidity listed in paragraph 26 (‘relevant RP indicators’).

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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