English
Menu

Stress testing

The European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and the European Securities and Markets Authority (ESMA), in cooperation with the ESRB, are requested by legislation to use stress tests in order to assess the resilience of financial institutions or market participants to adverse market developments. As part of this cooperation, the ESRB has designed scenarios of adverse economic and financial market developments.

19 December 2023
Adverse scenario for the 2023 European Securities and Markets Authority’s money market fund stress testing guidelines
31 May 2023
Adverse scenario for the European Securities and Markets Authority's 2023 central counterparty stress test
20 March 2023
Macro-financial scenario for the 2023 EU-wide banking sector stress test (updated on 20 March 2023)

Details

This version includes correction of specific values in table 4.1.11. Those changes are specified in the corrigendum table.

30 November 2022
Adverse scenario for the European Securities and Markets Authority's money market fund stress testing guidelines in 2022
4 April 2022
Climate scenario for the European Insurance and Occupational Pensions Authority's EU-wide pension and fund stress test in 2022
14 February 2022
Adverse scenario for the European Securities and Markets Auhtority's money market fund stress testing guidelines in 2021
7 June 2021
Adverse scenario for the ESMA 2021 EU-wide central counterparty stress test
7 May 2021
Adverse scenario for the EIOPA 2021 EU-wide insurance sector stress test
29 January 2021
Macro-financial scenario for the 2021 EU-wide banking sector stress test
13 January 2021
Adverse scenario for the ESMA money market fund stress-testing guidelines in 2020

Details

The ESRB has today published the adverse scenario as input into ESMA’s updated stress testing guidelines for managers of money market funds under Article 28 of the MMF Regulation. The scenario, which was approved by the General Board of the ESRB during its meeting on 24 September 2020 highlights adverse conditions that are relevant to this sector.

31 January 2020
Adverse scenario for the EBA 2020 EU-wide banking sector stress test

Details

The ESRB has today published the adverse scenario for the EU-wide banking sector stress test to be carried out by the EBA in 2020. This scenario, which has been approved by the General Board of the ESRB, highlights adverse conditions that are relevant to this sector. This information has also been published by the EBA as part of its communication on the 2020 EU-wide banking sector stress test.

3 April 2019
Adverse scenario for the ESMA 2019 EU-wide central counterparty stress test

Details

The ESRB has today published the adverse scenario for the EU-wide central counterparty stress test carried out by the ESMA in 2019. This scenario, which has been approved by the General Board of the ESRB, highlights adverse conditions that are relevant to this sector.

2 April 2019
Adverse scenario for EIOPA 2019 EU-wide stress test of pension funds and ESMA 2019 money market fund stress-testing guidelines

Details

The ESRB has today published the adverse scenario for the EU-wide stress tests for occupational pension funds to be carried out by EIOPA in 2019. This scenario will also support the ESMA’s stress-testing guidelines for managers of money market funds under Article 28 of the MMF Regulation. This scenario, which has been approved by the General Board of the ESRB, highlights adverse conditions that are relevant to these sectors. This information has also been published by EIOPA as part of its communication on the 2019 EU-wide stress test.

14 May 2018
Adverse scenario for EIOPA 2018 EU-wide insurance stress test

Details

The ESRB has today published the adverse scenario for the EU-wide stress test for the insurance sector to be carried out by EIOPA in 2018. This scenario, which has been approved by the General Board of the ESRB, highlights adverse conditions that are relevant to this sector. This information has also been published by EIOPA as part of its communication on the 2018 EU-wide stress tests.

31 January 2018
Adverse scenario for the EBA 2018 EU-wide banking sector stress test

Details

The ESRB has today published the adverse scenario for the EU-wide banking sector stress test to be carried out by the EBA in 2018. This scenario, which has been approved by the General Board of the ESRB, highlights adverse conditions that are relevant to this sector. This information has also been published by the EBA as part of its communication on the 2018 EU-wide banking sector stress test.

18 May 2017
Adverse scenario for EIOPA 2017 EU-wide stress test of pension funds

Details

The ESRB has today published the adverse scenario for the EU-wide stress tests for pension funds to be carried out by EIOPA in 2017. This scenario, which has been approved by the General Board of the ESRB, highlights adverse conditions that are relevant to this sector. This information has also been published by EIOPA as part of its communication on the 2017 EU-wide stress tests.

3 February 2017
Adverse scenario for the ESMA EU-wide central counterparty stress test in 2017

Details

The ESRB has today published the adverse scenario for the EU-wide central counterparty stress tests carried out by the ESMA in 2017. This scenario, which has been approved by the General Board of the ESRB, highlights adverse conditions that are relevant to this sector.

24 May 2016
Adverse scenario for 2016 EIOPA EU-wide insurance corporation stress tests

Details

The ESRB has today published the adverse scenario and the accompanying qualitative questionnaire for the EU-wide stress tests for insurance corporations to be carried out by the EIOPA in 2016. This scenario, which has been approved by the General Board of the ESRB, highlights adverse conditions that are relevant to this sector. This information has also been published by the EIOPA as part of its communication on the 2016 EU-wide stress tests.

11 May 2016
Adverse scenario for 2016 ESMA EU-wide central counterparty stress tests.

Details

The ESRB has today published the adverse scenario for the EU-wide central counterparty stress tests carried out by the ESMA in 2016. This scenario, which has been approved by the General Board of the ESRB, highlights adverse conditions that are relevant to this sector.

17 March 2016
Adverse scenario for EBA 2016 EU-wide banking sector stress tests.

Details

The ESRB has today published the adverse scenario for the EU-wide banking sector stress tests to be carried out by the EBA in 2016. This scenario, which has been approved by the General Board of the ESRB, highlights adverse conditions that are relevant to this sector. This information has also been published by the EBA as part of its communication on the 2016 EU-wide stress test.

2 May 2015
Adverse scenarios for EIOPA 2015 EU-wide stress tests of pension funds

Details

The ESRB has today published the adverse scenarios for the EU-wide stress tests for defined benefit pension funds to be carried out by the EIOPA in 2015. These scenarios, which have been approved by the General Board of the ESRB, highlight adverse conditions that relevant to this sector. This information has also been published by the EIOPA as part of its communication on the 2015 EU-wide stress tests.

30 April 2014
Adverse scenarios for EIOPA 2014 EU-wide stress tests of insurance corporations

Details

The ESRB has today published the adverse scenarios and the accompanying qualitative questionnaire for the EU-wide stress tests for insurance corporations to be carried out by the EIOPA in 2014. These scenarios, which have been approved by the General Board of the ESRB, highlight adverse conditions that relevant to this sector. This information has also been published by the EIOPA as part of its communication on the 2014 EU-wide stress tests.

30 April 2014
Adverse scenario for EBA 2014 EU-wide banking sector stress tests

Details

The ESRB has today published the adverse scenario for the EU-wide banking sector stress tests to be carried out by the EBA in 2014. This scenario, which has been approved by the General Board of the ESRB, highlights adverse conditions that are relevant to this sector. This information has also been published by the EBA as part of its communication on the 2014 EU-wide stress tests.