Banks tout CCAR-style stress tests for emergent risks

Extreme-but-plausible scenario planning is being applied to geopolitical events such as Ukraine conflict

Stress-testing-evolving-risks montage/Getty/SOPA Images/Synel/Alamy

War in Europe, a global pandemic, ‘one-in-a-million’ weather disasters: the occurrence of events that were once assigned a near-zero probability has prompted bank risk managers to incorporate extreme scenarios into their internal stress tests.

Major US banks are already subject to the CCAR capital planning regime, which tests firms against a range of scenarios. Financial institutions also run internal risk management exercises, known as risk and control self assessment, or RCSA, which help

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] 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.

Sign up here


This address will be used to create your account

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: