1. The business reorganisation plan referred to in Article 36 shall set out measures aiming to restore the long-term viability of the CCP or parts of its business within a reasonable timeframe. Those measures shall be based on realistic assumptions as to the economic and financial market conditions under which the CCP will operate.
The business reorganisation plan shall take account of the current and potential states of the financial markets and reflect best-case and worst-case assumptions, including a combination of events to identify the CCP's main vulnerabilities. Assumptions shall be compared with appropriate sector-wide benchmarks.
2. The business reorganisation plan shall include at least the following elements:
(a) a detailed analysis of the factors and circumstances that caused the CCP to fail or to be likely to fail;
(b) a description of the measures to be adopted to restore the CCP's long-term viability; and
(c) a timetable for the implementation of those measures.
3. Measur
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