UK watchdog calls for more stress testing

The FSA said weak markets, lower growth, allegations of malpractice and a series of operational and legal issues are posing a significant managerial challenge for banks, asset managers and insurance companies.

The watchdog said these factors and others “highlight the need for firms to assure themselves that they are capable of withstanding a combination of losses”.

“The prospect of revenues remaining depressed during 2003 increases the risk of further losses across these sectors,” said FSA

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here