| Exercises | means the different actions that a DGS takes in order to conduct one stress test. means the stress tests assessing the resilience of the DGS to perform the |
| Core tests | different functions which are part of DGS’s legal mandate. |
| Stress-testing cycle | means the period of time that does not exceed 3 years, in which a DGS conducts at least once each of the stress tests defined as core tests. |
| Reporting cycle | means the time range (determined by the EBA) between the completion and official submission of two reporting templates provided in Annex 1 by a DGS to the EBA. |
| Assumptions | means the information and parameters that are predetermined for the conduct of a DGS stress test. |
| Internal participants | means test participants who directly contribute to the achievement of the test and who are employed or subcontracted by the DGS. They might also be part of another public authority entrusted with the DGS’s functions provided by the DGSD and the BRRD. |
| Internal observers | means test observers involved in order to monitor the completion of the test and provide views on the various phases of the test. They are employed or subcontracted by the DGS. They might also be part of another public authority entrusted with the DGS’s functions provided by the DGSD and the BRRD. |
| External participants | means test participants who directly contribute to the achievement of the test. They are not employed or subcontracted by the DGS and are not entrusted with the DGS’s functions provided by the DGSD and the BRRD. They might be part of (inter alia) affiliated credit institutions, relevant public authorities or external providers of the DGS. |
| External observers | means stakeholders involved in order to monitor the completion of the test and provide views on the various phases of the test. They are not employed or subcontracted by the DGS and are not entrusted with the DGS’s functions provided by the DGSD and the BRRD. They might be part of (inter alia) affiliated credit institutions, relevant public authorities or external providers of the DGS. |
| Single-Customer-View file ( ‘ SCV file ’ ) | means a file containing the individual depositor information necessary to prepare for a repayment by a DGS, including the aggregate amount of eligible deposits of every depositor. |