The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) published an Excel template "Sanierungsplan LSI" and a guideline with explanations and instructions for the reporting of resolution plans for certain less significant institutions (LSIs) according to the simplified requirements pursuant to § 19 of the German Act on the Recovery and Resolution of Credit Institutions (Sanierungs- and Abwicklungsgesetz - SAG). Those institutions that do not pose a potential systemic risk (PSIs) and are not considered a high-priority LSI do not have to submit a comprehensive, text-based restructuring plan, but only the completed Excel form with all the necessary attachments as specified in the guidelines. The present Excel format is a transitional solution for the preparation and submission of resolution plans according to the simplified requirements: the BaFin will eventually introduce a machine-readable format.

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