EBA set to unveil revised hybrid stress-test framework
Firms fear new bank-run leg in 2023 exam could prove an operational headache
The European Banking Authority is set to finalise long-mooted changes to its EU-wide bank stress-testing framework, which will see lenders given greater freedom to use their own models when gauging their ability to meet economic shocks, subject to certain constraints.
“The main focus of the changes is on further improving realism and efficiency, and investigating further the role of top-down elements in the EU-wide stress-test approach,” an EBA spokesperson says. “The revision will focus on
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