03107nam 2200589Ia 450 991045248390332120200520144314.01-4755-6196-21-4755-6059-1(CKB)2550000001041573(EBL)1607096(SSID)ssj0000942941(PQKBManifestationID)11546090(PQKBTitleCode)TC0000942941(PQKBWorkID)10975004(PQKB)11119176(MiAaPQ)EBC1607096(Au-PeEL)EBL1607096(CaPaEBR)ebr10661264(OCoLC)822038610(EXLCZ)99255000000104157320111102d2012 uy 0engurcn|||||||||txtccrThe need for "un-consolidating" consolidated banks' stress tests[electronic resource] /prepared by Eugenio Cerutti and Christian SchmiederWashington, D.C. International Monetary Fund20121 online resource (22 p.)IMF working paper ;12/288Description based upon print version of record.1-4755-2996-1 1-4755-1905-2 Includes bibliographical references.Cover; Contents; I. Introduction; II. The Recent Evolution in Bank Stress Tests; III. A Combined Unconsolidated/Consolidated Stress Test Approach; Figure; 1. Conceptual Difference between 'Traditional' Stress Test and Stress Tests Taking into Account Group Structures; IV. Quantifying the Potential Bias of not Using a Combined Approach; 2. Banks' Geographical Distributions; 3. Banks' share of Profits and Capital Outside EU; 4. Partial and Full Ring Fencing Adjustments; V. Conclusions; References; Annex I - Mapping Bank GroupsThe recent crisis has spurred the use of stress tests as a (crisis) management and early warning tool. However, a weakness is that they omit potential risks embedded in the banking groups' geographical structures by assuming that capital and liquidity are available wherever they are needed within the group. This assumption neglects the fact that regulations differ across countries (e.g., minimum capital requirements), and, more importantly, that home/host regulators might limit flows of capital or liquidity within a group during periods of stress. This study presents a framework on how toIMF Working PapersBanks and banking, InternationalRisk managementEconometric modelsBanks and bankingRisk managementEconometric modelsElectronic books.Banks and banking, InternationalRisk managementEconometric models.Banks and bankingRisk managementEconometric models.Cerutti Eugenio928681Schmeider Christian968632MiAaPQMiAaPQMiAaPQBOOK9910452483903321The need for "un-consolidating" consolidated banks' stress tests2200174UNINA01492nas 2200445- 450 991022979360332120190219054811.7(CKB)991042724187298(CONSER)---68126700-(EXLCZ)9999104272418729820750823b19681971 --- aengtxtrdacontentcrdamediacrrdacarrierColumbia survey of human rights law[New York] [Columbia University School of Law]1968-19711 online resourcePrint version: Columbia survey of human rights law. 0010-2008 (DLC) 68126700 (OCoLC)1564237 COLUMBIA SURVEY OF HUMAN RIGHTS LAWCivil rightsUnited StatesPeriodicalsCivil rightsfast(OCoLC)fst00862627Droits de l'hommerasuqamUnited StatesfastÉtats-UnisrasuqamPériodique électronique (Descripteur de forme)Ressource Internet (Descripteur de forme)Law reviews.fastPeriodicals.fastLaw reviews.lcgftCivil rightsCivil rights.Droits de l'homme.342/.73/085Columbia University.School of Law.JOURNAL9910229793603321exl_impl conversionColumbia survey of human rights law2130711UNINA