132. If competent authorities identify deficiencies in the design of the assessment of cyclical …

If competent authorities identify deficiencies in the design of the assessment of cyclical economic fluctuations, or, where relevant, in the design of the scenarios or assumptions used by investment firms for stress testing or sensitivity analyses, they may require investment firms respectively to re-perform or re-run their analyses, or some specific parts using modified assumptions provided by the competent authorities, or specific prescribed scenarios.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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