Five insurance companies and three banks failed to pass the most "severe" scenario and have proposed capital improvement plans.
September 16, 2023APRA will explore how shocks may be mitigated or propagated by interactions between banking, insurance, and superannuation.
August 30, 2023EBA initiates climate data consultation with EU banks for Fit-for-55 climate risk analysis in collaboration with ESAs, ECB, and ESRB.
July 25, 2023The system-wide exploratory scenario will encompasses hedge funds and pension funds alongside large banks, insurers, and CCPs for the first time.
June 20, 2023South Korea is not required to join the test as none of its banks are classified as G-SIBs, but it is nonetheless joining in order to better monitor global contagion risks.
April 27, 2023FSB working with BCBS to analyse and learn from recent banking sector turmoil. Cyber incident reporting recommendations also finalised.
April 13, 2023The FSB's work programme for 2023 includes plans to develop and run a global bank stress test in cooperation with the BCBS.
March 31, 2023Regulators intend to introduce a new capital buffer system which will be based on banks' risk management and stress test results.
March 17, 2023The 'exploratory market shock' will be an additional component of the 2023 stress test, applied to the trading books of the eight largest US banks.
February 14, 2023The 6 percent GDP decline in the adverse scenario makes it the most severe scenario ever used in the EU-wide stress test.
February 2, 2023