Risk-management practices at financial institutions have undergone a quantitative revolution over the past decade or so. Increasingly, financial firms rely on statistical models to measure and manage ...

In this paper, we survey the rapidly developing literature on macroprudential stress-testing models. The scope of the survey includes models of contagion between banks, models of contagion within the ...

The European Central Bank is easing some of the checks it makes on euro zone banks, from how lenders get approval for share ...

2023 stress test scenario The tests, designed to see how well banks perform in a high-stress climate, were developed before the crisis unfolded.

The 2023 banking crisis exposed gaps in liquidity stress testing. Learn how financial institutions can improve risk management amid closer regulatory scrutiny.

The missions aimed to strengthen the financial stability framework of the Turks and Caicos Islands Financial Services Commission (TCIFSC) by enhancing credit risk modeling, stress testing, and the ...

Oyindamola Ogunruku, a U.S.-based financial risk expert, has urged Nigerian financial regulators and institutions to urgently adopt Artificial Intelligence (AI)-driven stress testing models to ...