31st January 2014 EBA announces key features of the 2014 EU-Wide Stress Test.
Bulletin: The European Banking Authority (EBA) outlines the key features of the 2014 EU-wide Stress Test.
The European Banking Authority (EBA) announced today the key components of the forthcoming 2014 EU-wide stress test that will be conducted on a wide sample of EU banks. The objective of the EU-wide stress tests is to help supervisors assess the resilience of financial institutions in the European Union to adverse market developments. This exercise aims at ensuring consistency and comparability of the outcomes across all banks based on a common methodology, scenarios and accompanied by a consistent disclosure exercise.