Floating start date for 2020 stress test alarms EU banks
Regulator proposal could lead to less reliable market risk data, critics warn
A plan by Europe’s main banking regulator to introduce a floating start date for market risk exposures in its 2020 stress test has come under fire from market participants, who warn that it could lead to less reliable data that is harder for supervisors to verify.
“All the banks we had a discussion with shared the same concern. It is the top issue,” says Hannan Mohammad, a director in financial risk management advisory at consultancy KPMG and former derivatives trader. “For some banks, it is
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