PRA confirms 2021 stress test approach
By IAN Editorial Desk
15 May 2021·3 min read
By IAN Editorial Desk The Prudential Regulation Authority has confirmed the key elements of its 2021 solvency stress test of the UK banking system,...
The Prudential Regulation Authority has confirmed the key elements of its 2021 solvency stress test of the UK banking system, including scenario design, submission timetable and modelling basis. The exercise, which tests banks’ end‑2020 balance sheets against a severe scenario similar to the reverse stress test, will shape the Financial Policy Committee’s refreshed view of system resilience and loss‑absorbing capacity.…
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