Cargando…
The need for "un-consolidating" consolidated banks' stress tests /
The recent crisis has spurred the use of stress tests as a (crisis) management and early warning tool. However, a weakness is that they omit potential risks embedded in the banking groups' geographical structures by assuming that capital and liquidity are available wherever they are needed with...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Autor Corporativo: | |
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund,
©2012.
|
| Colección: | IMF working paper ;
WP/12/288. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | The recent crisis has spurred the use of stress tests as a (crisis) management and early warning tool. However, a weakness is that they omit potential risks embedded in the banking groups' geographical structures by assuming that capital and liquidity are available wherever they are needed within the group. This assumption neglects the fact that regulations differ across countries (e.g., minimum capital requirements), and, more importantly, that home/host regulators might limit flows of capital or liquidity within a group during periods of stress. This study presents a framework on how to integrate this risk element into stress tests, and provides illustrative calculations on the size of the potential adjustments needed in the presence of some limits on intragroup flows for banks included in the June 2011 EBA stress tests. |
|---|---|
| Notas: | Title from PDF title page (IMF Web site, viewed December 12, 2012). "Research Department." "December 2012." |
| Descripción Física: | 1 online resource (21 pages) |
| Bibliografía: | Includes bibliographical references. |
| ISBN: | 9781475529968 1475529961 1475519052 9781475519051 1475560591 9781475560596 1475561962 9781475561968 |