The Basel Committee on Banking Supervision has issued its Stress testing principles, which replace the Principles for sound stress testing practices and supervision published in May 2009. The 2009 principles were designed to address key weaknesses in stress testing practices as highlighted by the global financial crisis. Since then, the […]
Read MoreThe report covers key areas of the Pillar 2 supervisory review process, including the risk assessment process, risk appetites, board and senior management roles and supervisory practices adopted to enhance transparency, and bank disclosure practices. The report further describes a number of selected Pillar 2 risks, including business risk and […]
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