Belgium: Technical Note on Stress Testing the Banking and Insurance Sectors
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
The Belgium Financial Sector Assessment Program (FSAP) stress testing exercise examines a financial sector that remains in a state of transformation. Domestic economic challenges remain sources of continued uncertainty as the banking sector consolidates and reduces funding risks. Insurers face challenges from adverse economic and business conditions. Solvency and funding shocks under different macroeconomic scenarios were assessed. Both banking and insurance tests underscore the importance of sovereign risk for financial stability. The implementation of stress tests needs to be closely aligned with the resolution and recovery planning.
Series:
Country Report No. 2013/137
Subject:
Banking Basel III Financial regulation and supervision Financial sector policy and analysis Liquidity requirements Solvency Solvency stress testing Stress testing
English
Publication Date:
May 24, 2013
ISBN/ISSN:
9781484381069/1934-7685
Stock No:
1BELEA2013007
Pages:
104
Please address any questions about this title to publications@imf.org