The European Banking Authority (EBA) has published its final guidelines on stress tests for deposit guarantee schemes (DGSs). The guidelines provide a systematic methodology for planning, running and reporting on stress tests conducted by DGSs to assess their resilience to various types of scenarios in times of banking stress. In line with the Deposit Guarantee Schemes Directive, the guidelines will promote the quality and the consistency of these stress tests.
The guidelines lay down basic methodological principles for all stress tests run by DGSs in the EU, including the various stages to be completed, the scenarios simulated and the areas and indicators to be measured. In addition, they establish a small core of harmonised priority tests to be run by DGSs and reported to the EBA with a view to running a comparable EU-wide peer review. The first stress test should take place by 3 July 2017.
View EBA final guidelines on stress tests for deposit guarantee schemes, 24 May 2016