The recovery plan must summarise its key elements and overall recovery capacity, record material changes since the most recently filed plan, and set out a communication and disclosure plan to manage potential adverse market reactions. It must identify a range of capital and liquidity actions required to maintain or restore viability, estimate timeframes for executing each material aspect, describe material impediments to effective and timely execution and their impacts on the group, customers and counterparties, identify critical functions, describe processes for determining value and marketability of core business lines, operations and assets, and explain how recovery planning is integrated into governance and the persons in the organisation responsible for preparing and implementing the plan.

The plan must specify arrangements to conserve or restore own funds; ensure adequate access to contingency funding sources, assess available collateral and the possibility to transfer liquidity across group entities and business lines; and set out measures to reduce risk and leverage, restructure liabilities and restructure business lines. It must address arrangements to maintain access to financial market infrastructures and continuous functioning of operational processes including network and information systems in accordance with Regulation (EU) 2022/2554, preparatory arrangements to facilitate asset or business line sales and timely recapitalisation, other management actions and their anticipated financial effect, and a framework of indicators triggering appropriate actions.