+19. The other component of the ORC is the ‘range of scenarios of severe macroeconomic and financial …
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19. The other component of the ORC is the ‘range of scenarios of severe macroeconomic and financial …
The other component of the ORC is the ‘range of scenarios of severe macroeconomic and financial stress’. In order to determine the ORC, institutions should calculate their recovery capacity specific for the relevant scenarios envisaged in the recovery plan (i.e. the so-called ‘scenario-specific recovery capacity’).
1. Overview
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
| Source |
Requirement |
3. Related Standards
Standards
| Source |
Requirement |
- EBA - Published by the European Banking Authority at https://www.eba.europa.eu/
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