After the financial crisis saw many banks severely under-capitalised, regulators are increasingly relying on Stress Tests as a tool for assessing financial institutions capital numbers and their resilience to adverse economic conditions. Regulators are placing increasing pressure on FIs to enhance their internal risk management and help improve overall stability of the financial system.
Stress tests are being used amongst regulators globally; Federal Reserve, Bank of England and EBA; to determine minimum capital requirements to absorb loss in the event of a large shock to the economy. With FIs across Europe looking ahead to the 2015 Bank of England Stress Test and 2016 EBA Tests, pressure is increasing to prove their financial strength and move towards European stability and standardisation.
CFP’s 3rd Annual Stress Testing Europe delivers insights, developments and thought-leadership from more than 20 Heads of Stress Testing from Europe’s leading FIs. Across two days, you will hear thought provoking presentations and discussions addressing key challenges including the future of UK stress tests, complying to stress test requirements under multiple regulators and jurisdictions, scenario setting, data aggregating, modelling and reporting, reverse stress testing and internal stress testing.
