Finances still need to be fixed across the EU, tests find
2015 stress test plans released with milder 'adverse' scenario
New approach introduced six months ago, as event risk increases
State-specific timelines are making it difficult to compare data
Biggest funds also exposed to US junk corporate debt
Tarullo and Wetjen say regulators should set standards for CCPs
Stress testing a "priority topic" for CPMI-Iosco as it launches working group
The dangers of complacency, excessive risk and management failures
CME, Eurex, LCH.Clearnet: no need for new loss funds or more CCP capital
This paper proposes a formula for a market stress test of a portfolio.
"They all fall short," says one expert, as banks try to vet vendor models
Banks struggling to prise information out of vendors after Fed clamps down
One bank that passed 2014 test has 50 things to fix before January
By: Greg Hopper
'Capital is not the answer to everything,' says Bernardino
Firms to apply sovereign crisis and 'Japanification' scenarios
Banks expected to sell NPLs to improve stress-test resilience
Construction of large portfolios consistent with investors' views and stress test scenarios is a challenging task, considering the volume of information to be processed. Attilio Meucci, David Ardia and Marcello Colasante introduce a technique that significantly...
Overreliance on modern risk management systems, and metrics such as value-at-risk, can blind firms to tectonic structural market shifts. To help alleviate this problem, the use of human judgement and intervention is required, argues Vincent Kaminski
Fixed scenarios "could be procyclical"