System-wide exploratory scenario
From ACT Wiki
Financial stability - financial sector - regulation - sensitivity analysis and stress testing - UK - Bank of England.
(SWES).
The System-wide exploratory scenario is a regulatory stress test for the UK financial sector.
It is designed to improve understanding of:
- The behaviours of banks and non-bank financial institutions during stressed financial market conditions and
- How those behaviours might interact to amplify shocks in UK financial markets that are core to UK financial stability.
See also
- Back test
- Bank of England
- Biennial exploratory scenario
- Black swan
- Heuristic
- Idiosyncratic stress
- Model
- Reverse stress test
- Scenario analysis
- Sensitivity analysis
- Shock
- Stress
- Stress test