FSA has published a statement on its use of stress tests following publication of stress test results from the US. It explains how it uses stress tests and the parameters of the tests. It also looks at how the UK approach fits in with European initiatives. It explains how tests can show weaknesses in specific institutions and CEBS’ initiative (with which it will cooperate) to use tests to assess the aggregate health of the banking system.
- How-to guide How-to guide: How to navigate challenges relating to Source of Wealth and Source of Funds (UK) Recently updated
- Checklist Checklist: Pre-appointment checks to consider when selecting an appointed representative (UK)
- How-to guide How-to guide: The appointed representatives regime explained - what it means in practice (UK)