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an assessment of the recovery options with respect to: the impact of their implementation on the solvency, liquidity, funding positions, profitability and operations of the CCP; the external impact and systemic consequences of their implementation on critical functions, shareholders, clearing members, creditors and other stakeholders of the CCP, and where applicable, the rest of the group, and to the extent the information is available, clients and indirect clients of the CCP; the feasibility of their implementation, following a detailed analysis of risks, impediments and solutions for the impediments; and the impact of their implementation on the continuity of operations, in particular human resources and IT, and access to other financial infrastructures.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.