Norway: Financial Sector Assessment Program-Technical Note-Risk Analysis and Stress Testing
IMF Staff Country Reports, November 10, 2020
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- Norway: Financial Sector Assessment Program-Technical Note-Risk Analysis and Stress Testing
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Bibliographic details
- Published: November 10, 2020
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513560755.002
Overview and scope
- Much of the work of the FSAP was conducted prior to the COVID-19 outbreak.
- The risk and vulnerability analysis integrates the original work with a quantification of the impact of the COVID-19 crisis on bank solvency under two separate scenarios.
- The original "market shock" scenario explores additional risks that feature less prominently in the COVID scenarios.
Main analytical elements
- Integration of pre-COVID FSAP analysis with COVID-19-specific stress scenarios.
- Two separate COVID-19 crisis scenarios used to quantify impacts on bank solvency.
- A distinct "market shock" scenario retained to capture risks not emphasized in the COVID scenarios.
Key thematic areas covered
- Capital adequacy requirements
- Financial institutions
- Financial regulation and supervision
- Financial sector policy and analysis
- Loans and loan loss dynamics
- Mortgages and mortgage companies
- Stress testing methodologies
- Taxes and carbon tax considerations
- Market and liquidity conditions (share index, money market, swap line, U.S. dollar exposures)
Keywords and risk factors highlighted
- banking system, Capital adequacy requirements, carbon price, Carbon tax
- cash flow, central bank, CR, credit risk, Global, ISCR
- loan loss, Loans, money market, mortgage company, Mortgages
- share index, Stress testing, swap line, time horizon, U.S. dollar
International Monetary Fund. Norway: Financial Sector Assessment Program-Technical Note-Risk Analysis and Stress Testing. November 10, 2020.
Content in this bundle
- 1norea2020008