On November 5, 2015, the European Banking Authority published the details of its 2016 EU-wide stress test exercise that will be launched in the first quarter of 2016. The names of the 53 EU banks that will take part in the exercise have been published, of which 39 fall under the jurisdiction of the Single Supervisory Mechanism. The stress test will cover broadly more than 70% of the EU banking sector and will assess the ability of EU banks to meet relevant supervisory capital ratios in the event of adverse economic conditions. The EBA also published its draft methodological note for discussion together with a draft template to be used as part of the stress test exercise. The results of the stress tests will be published in the third quarter of 2016.

The press release is available at:

http://www.eba.europa.eu/-/eba-announces-details-of-2016-eu-wide-stress-test?doAsGroupId=10180