Book traversal links for 4.4. Other Requirements
4.4. Other Requirements
No: 60697.BCS. 28747 | Date(g): 23/11/2011 | Date(h): 27/12/1432 |
Effective from Nov 23 2011 - Nov 22 2011
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As part of their stress testing frameworks, banks shall also specify the methodologies and techniques to be used, choice of scenarios, coverage of risks, procedures for compiling and communicating results, thresholds and options for taking remedial actions, and the process for compliance of regulatory reporting requirements. Detailed requirements in this regard are set out in the ensuing parts of these Rules.