stress testing for financial institutionsIn line with the new Basel proposals, banks have to stress-test their assessment of capital adequacy. In recent years, they have developed internal models, which are currently under review by the respective regulators for approval. This book provides guidance for regulators and practitioners with regard to the stress-testing process. "Stress-testing for Financial Institutions" is a comprehensive guide to this unsolved issue in financial risk management. With no other book currently on the market that focuses solely on stress-testing for financial institutions, this couldnt come at a better time. It includes chapters from academics, practitioners and regulators to cover the full spectrum of debate and perspectives on stress-testing. It includes innovative research from leading names in model analysis, and will help you to gain an insight into the regulations, constraints, and solutions to stress-testing in financial institutions.
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