Definition stress test focusing on understanding how the values of the trading and investment portfolios of a financial institution change in response to changes in selected market risk, credit risk, and liquidity risk factors Reference "COM-EN, based on: ""Expert Forum on Advanced Techniques on Stress Testing: Applications for Supervisors. Opening Remarks by Charles Enoch"", International Monetary Fund > News > IMF Seminars, Conferences, Workshops and Economic Forums > Expert Forum on Advanced Techniques on Stress Testing: Applications for Supervisors > Opening Remarks, http://www.imf.org/external/np/seminars/eng/2006/stress/pdf/ce.pdf [16.4.2013]"
Comment "From a supervisory perspective, the bottom-up approach is useful for assessing whether financial institutions would remain adequately capitalised in the face of adverse shocks to the identified risk factors. From a risk management perspective, the bottom-up approach is useful for risk budgeting. ""Expert Forum on Advanced Techniques on Stress Testing: Applications for Supervisors. Opening Remarks by Charles Enoch"", International Monetary Fund > News > IMF Seminars, Conferences, Workshops and Economic Forums > Expert Forum on Advanced Techniques on Stress Testing: Applications for Supervisors > Opening Remarks, http://www.imf.org/external/np/seminars/eng/2006/stress/pdf/ce.pdf [16.4.2013] See also: - top-down stress test (antonym) [ IATE:3548824 ] - stress test (broader) [ IATE:3504768 ]"
Definition "test de résistance réalisé à partir des données et modèles internes des banques et assurances, par opposition à un exercice ""top-down"" réalisé par une autorité de contrôle prudentiel à partir de ses propres modèles financiers" Reference "COM-FR, d'après: Analyses et synthèses - Stress tests sur le système bancaire et les organismes d'assurance en France, Autorité de contrôle prudentiel, n° 11 - janvier 2013, http://www.acp.banque-france.fr/uploads/media/201301-stress-tests-systeme-bancaire-et-organismes-assurance-en-france_01.pdf [12.9.2013]"
FINANCE|financial institutions and credit · FINANCE|insurance
Definition Simulation negativer Veränderungen der Umgebung, um deren Auswirkungen bzw. das individuelle Ausmaß der Gefährdung einzuschätzen Reference Council-DE
Comment finden in unterschiedlichen Bereichen Anwendung: Finanzwesen (für Banken, Fonds v.a.zur ergänzenden Bewertung des Marktrisikos), Informatik, Psychologie, Wirtschaftswissenschaften, etc.; DIV: aka 19.06.09; UPD: ajs 26.6.09
Definition test to identify vulnerabilities of institutions, markets or economies that could undermine their stability or the stability of the financial system Reference "Council-EN, based on IMF (International Monetary Fund) > Publications > Working Paper > Stress Testing at the IMF, http://imf.org/external/pubs/ft/wp/2008/wp08206.pdf [8.4.2010]"
Comment "A stress test is a “what if” scenario that takes the world as given but assumes a major change in one or more variables in order to see what effect this would have on various indicators. Reference: International Monetary Fund - External Debt Statistics, Guide for compilers and Users, Appendix I. financial Instruments and Transactions: Classifications. http://www.imf.org/external/pubs/ft/eds/eng/guide/file6.pdf [30.3.2011] In the EU, the EBA conducts EU-wide stress on a sample of banks covering broadly 70% ofthe national banking sector in the Eurozone, each EU Member State and Norway. The ECB carries out stress tests of the banks it supervises directly as part of its comprehensive assessment [ IATE:3568027 ]. EU credit institutions choosing the IRB (internal-ratings-based) approach [ IATE:362238 or IATE:924068 ] are required to conduct stress tests themselves for the assessment of their capital adequacy."
Definition exercice consistant à simuler des conditions économiques et financières extrêmes mais plausibles afin d’en étudier les conséquences sur une institution financière et de mesurer sa capacité de résistance à de telles situations Reference "COM-FR d'après le site lafinancepourtous.com, Stress test (test de résistance bancaire), 10.11.2014, http://www.lafinancepourtous.com/Decryptages/Mots-de-la-finance/Stress-test-test-de-resistance-bancaire [17.5.2016]"
Comment "Une simulation de crise [ IATE:924067 ] peut faire appel à plusieurs tests de tension ou de résistance différents."
ENERGY|electrical and nuclear industries|nuclear industry · ENERGY|electrical and nuclear industries|nuclear power station
Definition "Überprüfung einer kerntechnischen Anlage IATE:847727 im Hinblick auf Gefahren wie Überschwemmungen, Erdbeben, schwere Stromausfälle, Terrorangriffe oder Flugzeugabstürze" Reference Council-DE
Definition assessment of the safety of a nuclear power station covering risks such as earthquakes, flooding, aircraft crashes, cyber or terrorist attacks, cooling systems and their stability and local electricity supply failure Reference "Council-EN based on Stress tests for Europe's atomic power plants after nuclear scare in Japan, European Parliament press release, 17 March 2011, http://www.europarl.europa.eu/en/pressroom/content/20110316IPR15723/html/Stress-tests-for-Europe's-atomic-power-plants-after-nuclear-scare-in-Japan (21.3.2011)"
Definition way of assessing the resilience of the financial system to the risks it might face Reference "Burrows, O. et al., 'RAMSI: a top-down stress-testing model developed at the Bank of England', 2012 Bank of England > Publications > Quarterly Bulletin > Q3 2012, http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/qb120301.pdf [8.10.2014]"
Comment "See also: - bottom-up stress test (antonym) [ IATE:3548358 ] - stress test (broader) [ IATE:3504768 ]"
FINANCE · FINANCE|financial institutions and credit
Comment dient dazu, die Wahrscheinlichkeit zu ermitteln, mit der ein vorher festgelegter Gewinn oder Verlust eines Portfolios eintritt bzw. in welchem Umfang eine Bank Eigen- oder Geldmittel bereithalten muss, um auch bei einer Verschlechterung der Finanzmarktsituation etwaige Auszahlungen gewährleisten zu können; mit einem Stresstest kann auch der Finanzbedarf von Unternehmen bzw. die Wahrscheinlichkeit einer drohenden Insolvenz ermittelt werden; DIV: aka 16.06.09
Definition process of conducting 'what if' exercises aimed at assessing the vulnerability and resilience of individual banks and/or of the system as a whole against extreme but plausible shocks Reference "J. Viñals, Macrofinancial Stress Testing: Principles and Practices—Background Material, IMF, Monetary and Capitals Department, 29 August 2012 https://www.imf.org/external/np/pp/eng/2012/082912a.pdf [10.3.2016]"
Comment "'Stress testing' refers to the process of testing, and might include several individual 'stress tests' [ IATE:3504768 ]."
Comment "Méthode de simulation des conditions de marché exceptionnelles. Une simulation de crise peut inclure plusieurs tests de résistance ou de tension ( IATE:3504768 )"