5.4 Information on stress testing framework and programme

On stress testing frameworks and programmes, competent authorities should ensure that they receive from institutions the following:

• a. general description of the institution’s stress testing programme, including inter alia the types of stress tests undertaken, their frequency, methodological details and models used, the range of assumptions and relevant data infrastructure;
• b. description of the governance arrangements of the stress testing programme, and in particular the stress tests used for ICAAP and ILAAP purposes;
• c. description of the interaction (integration) between solvency and liquidity stress tests, and in particular of ICAAP- and ILAAP-specific stress testing, and the role of reverse stress tests;
• d. description of the uses of stress testing and its integration into the risk management and control framework.