FSA surprises UK banks with tougher stress tests

LONDON – Banks in the UK will undergo further stress tests based on worsening macro-prudential scenarios, the results of which will almost certainly require more capital. The Financial Services Authority (FSA) published its annual Financial Risk Outlook  on March 10, which requires banks to take into account a fall in GDP of 2.3% from the end of 2009 and a gradual recovery after the end of 2011. That would mean an overall slump of 8.1% from before the crisis – despite optimism after the UK

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: http://subscriptions.risk.net/subscribe

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

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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: