FSA publishes feedback on stress testing

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The Financial Services Authority has published a feedback statement on stress testing in firms' risk-management frameworks, summarising the comments it received to its stress testing discussion paper and its responses to them.

The FSA published Discussion Paper 05/02: Stress Testing in May 2005, setting out the main findings of two surveys it carried out in 2002 and 2003 into the form and nature of stress testing undertaken...

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