Industry focus shifts to stress-testing governance

News

While 'risk management' at financial institutions has become dinner table conversation globally over the past 18 months, 'stress-testing' has been elevated to the lofty heights of US talk radio, dozens of popular blogs and other unusual media venues, thanks to the evaluation regulators released in mid-May on 19 of the largest US banks.

This unprecedented attention to what was previously considered risk management arcana has sparked a global debate on governance issues around stress testing.

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