중동부유럽

Supervisory sector-wide stress testing of banks is one of the major innovations adopted by prudential authorities in recent years. The evolution of stress tests from a risk management tool for individual financial institutions to a key element of current systemic financial sector surveillance is evident from their fundamental role in the global financial crisis and the European sovereign debt crisis. Stress tests informed authorities about banks’ capital needs and helped them to reassure investors and the public of the capacity of the banking sector to continue functioning throughout the crises. More recently, microprudential supervisors have converted the capital deficits detected in the regular stress test in a key piece of information for the calibration of the non-binding capital requirements known as Pillar 2 guidance (P2G). In January 2020 the European Banking Authority (EBA) published a discussion paper containing proposals for reforms to its EU-wide stress test framework and opened a consultation period ending 30 June 2020. This ASC Insights publication is a response to the invitation for comments issued by the EBA in the discussion paper.