United Kingdom: Financial Sector Assessment Program-Systemic Stress, and Climate-Related Financial Risks: Implications for Balance Sheet Resilience
April 8, 2022
Summary
The FSAP started in an important macro-financial phase right after the second Covid wave and a third lockdown. The balance sheet resilience of major institutional sectors was at the center of policy considerations. Against this backdrop, the FSAP analyzed the pandemic’s potential “scarring” of banks, insurers, corporates, and households balance sheets, focusing on the interplay of macro-financial/structural conditions and financial vulnerabilities.
Subject: Credit, Financial institutions, Financial sector policy and analysis, Insurance, Insurance companies, International organization, Monetary policy, Money, Mortgages, Stress testing
Keywords: bank solvency stress test result, Credit, D. solvency stress tests result, fair value, feedback effect, Global, Insurance, Insurance companies, Macroprudential solvency stress tests, Mortgages, resolvability Assessment framework, Stress testing
Pages:
123
Volume:
2022
DOI:
Issue:
102
Series:
Country Report No. 2022/102
Stock No:
1GBREA2022003
ISBN:
9798400206504
ISSN:
1934-7685





