Seven Steps to a Better RRP
Dodd-Frank broke down the roll out of Resolution and Recovery Plan submissions into three filing groups. Numerous strategies for preparing, drafting, and submitting RRPs have been used in this process. Now that we're through the first three waves of submissions it is clear that seven essential steps stand out when creating a successful Resolution and Recovery Plan.
We've highlighted the steps necessary for you to take ownership of your RRP process and improve overall infrastructure and oversight. The following seven steps will guide your RRP process while strengthening efficiency and accountability on an enterprise level.
Want more? Read our latest white paper, A Practioner's Guide to Recovery and Resolution Planning, for an in-depth analysis.
Check out the infographic below to see how you can build an efficient process and high quality reports.