Stress and scenario testing is an important element in firms’ planning and risk management processes, helping them to identify, analyse and manage the risks inherent within their businesses.
The FSA has set up on its website a dedicated web page covering stress testing. The purpose of the new page is to provide practical assistance and examples of best practice to help firms meet the FSA’s requirements. The web page sets out policy documents, examples of best practice and guidance to scenario setting including supervisory recommended scenarios.
View FSA - stress testing main page, 18 January 2010