55. On this basis, institutions should set their own scenario of reference, i.e. the scenario which …

On this basis, institutions should set their own scenario of reference, i.e. the scenario which reflects the most likely environmental path that future developments could take according to the institution. This internal reference scenario builds on the baseline scenario used for stress tests but extends over a long-term horizon and may, as a result, deviate to varying degrees from the continuation of observable trends.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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