63. A rigorous quality assurance process should be implemented to verify the accuracy, consistency …

A rigorous quality assurance process should be implemented to verify the accuracy, consistency, and reliability of stress test results. Competent authorities should establish review mechanisms (e.g. benchmarking or peer reviews) to assess data quality, methodology robustness, and, where appropriate, scenario adequacy. Where necessary, expert judgment should complement quantitative findings to mitigate model limitations.

Effective dialogue with financial entities

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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