2009-06-02
Added · Updated
The Basel Committee on Banking Supervision issued the Principles for sound stress testing practices and supervision to establish a global framework for effective risk management. These principles require banks to integrate stress testing into their strategic planning and capital allocation processes while ensuring robust governance and independent validation. Supervisors are mandated to evaluate the adequacy of these practices and intervene when institutions fail to meet the established standards for reliability and comprehensiveness.
CIR
Current
Issue Date:
02 Jun 2009
20090602-1-EN.pdf (183.7 KB)
Topic:
Internal Controls - Others
Miscellaneous - BCBS
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Directly related Document
Cross referenced Document
Version History
Superseded Document
You may also be interested in
SPM-NGL
Current
13 Apr 2026
IC-5 Stress-testing
CIR
Current
13 Apr 2026
Revised Supervisory Policy Manual (SPM) Module IC-5 on “Stress-testing”
CIR
Current
19 Oct 2018
BCBS Guidelines on Stress Testing