Basel Committee finalises streamlined stress-testing guide
Updated principles reflect “rapid evolution” of stress-testing since 2009
The Basel Committee on Banking Supervision has finalised an update to its stress-testing guidelines, streamlining an earlier text to reflect the “rapid evolution” of the practice.
The final Stress-testing principles, published on October 17, are a guide to best practice in designing, running, interpreting, communicating and acting upon stress tests. The rewrite of the 2009 original was designed to make the text more widely applicable, trim extraneous details and remove overlaps.
“The resulting
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