How Banks Should Confront the “Living Will” Challenge to Enable High Performance

In response to the latest global financial crisis, many countries now require banks and other important financial institutions to prepare recovery and resolution plans—or living wills.

The purpose of these living wills is to mitigate the likelihood and impact of a future failure of a bank or other important financial institution.

Accenture looks at the nature of the proposed regulations, and argues that institutions should see beyond compliance to generating value and ultimately driving