+13. At least one scenario should be included for each of the following types of events: a. a …

13. At least one scenario should be included for each of the following types of events: a. a …

At least one scenario should be included for each of the following types of events:

  • a. a ‘system-wide event’, which means an event that risks having serious negative consequences for the financial system or the real economy;
  • b. an ‘idiosyncratic event’, which means an event that risks having serious negative consequences for a single institution, a single group or an institution within a group; and
  • c. a combination of system-wide and idiosyncratic events which occur simultaneously and interactively.

1. Overview

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Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
  • EBA - Published by the European Banking Authority at https://www.eba.europa.eu/