{"id":126931,"date":"2019-07-10T14:51:10","date_gmt":"2019-07-10T14:51:10","guid":{"rendered":"https:\/\/www.bnreport.com\/european-banking-stress-tests-too-soft-auditor-group-warns\/"},"modified":"2019-07-10T14:51:10","modified_gmt":"2019-07-10T14:51:10","slug":"european-banking-stress-tests-too-soft-auditor-group-warns","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/","title":{"rendered":"European banking stress tests too soft, auditor group warns"},"content":{"rendered":"

<\/p>\n

Stress tests
designed to assess the health of European banks have not taken some
systemic risks into account, according to a major auditing report
released today.<\/p>\n

The European Court of Auditors (ECA) has found \u201cshortcomings for assessing resilience against systemic risk\u201d in the stress tests carried out by the European Banking Authority (EBA), raising questions over the risk-assessment measures that the body uses to predict how banks will perform under tough conditions.<\/p>\n

According to the
report, the EBA found that \u201cnegative
effects of the shock were concentrated in several large economies
most of which performed quite well during the last recession, rather
than on the countries that were most affected by that crisis\u201d.<\/p>\n

The ECA added: \u201cOwing to the lack of resources and the current governance arrangements, the EBA was not in a position to ensure comparability and reliability of methods, practices and results, as envisaged in the regulation. Instead, it had to rely primarily on national supervisors. On the positive side, a large amount of information was published.\u201d<\/p>\n

Late last year the EBA published results showing that every financial institution in the EU passed its \u201cadverse scenario\u201d stress tests in a report that was welcomed by tRead More \u2013 Source<\/strong><\/a>
\n[contf]
\n[contfnew]
\n <\/p>\n

CityAM<\/a><\/h5>\n

[contfnewc]
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"

Stress tests
\ndesigned to assess the health of European banks have not taken some
\nsystemic risks into..<\/p>\n","protected":false},"author":1,"featured_media":126932,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":["post-126931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nEuropean banking stress tests too soft, auditor group warns - Business News Report<\/title>\n<meta name=\"description\" content=\"Stress tests designed to assess the health of European banks have not taken some systemic risks into..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European banking stress tests too soft, auditor group warns - Business News Report\" \/>\n<meta property=\"og:description\" content=\"Stress tests designed to assess the health of European banks have not taken some systemic risks into..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-10T14:51:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/canary-wharf-57ed91cf3be1b-57ed91cf5b9da-360x160.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"360\" \/>\n\t<meta property=\"og:image:height\" content=\"160\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/european-banking-stress-tests-too-soft-auditor-group-warns\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/european-banking-stress-tests-too-soft-auditor-group-warns\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"European banking stress tests too soft, auditor group warns\",\"datePublished\":\"2019-07-10T14:51:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/european-banking-stress-tests-too-soft-auditor-group-warns\\\/\"},\"wordCount\":208,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/european-banking-stress-tests-too-soft-auditor-group-warns\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/canary-wharf-57ed91cf3be1b-57ed91cf5b9da-360x160.jpg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/european-banking-stress-tests-too-soft-auditor-group-warns\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/european-banking-stress-tests-too-soft-auditor-group-warns\\\/\",\"name\":\"European banking stress tests too soft, auditor group warns - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/european-banking-stress-tests-too-soft-auditor-group-warns\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/european-banking-stress-tests-too-soft-auditor-group-warns\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/canary-wharf-57ed91cf3be1b-57ed91cf5b9da-360x160.jpg\",\"datePublished\":\"2019-07-10T14:51:10+00:00\",\"description\":\"Stress tests designed to assess the health of European banks have not taken some systemic risks into..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/european-banking-stress-tests-too-soft-auditor-group-warns\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/european-banking-stress-tests-too-soft-auditor-group-warns\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/european-banking-stress-tests-too-soft-auditor-group-warns\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/canary-wharf-57ed91cf3be1b-57ed91cf5b9da-360x160.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/canary-wharf-57ed91cf3be1b-57ed91cf5b9da-360x160.jpg\",\"width\":360,\"height\":160},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/european-banking-stress-tests-too-soft-auditor-group-warns\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"European banking stress tests too soft, auditor group warns\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics & Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"European banking stress tests too soft, auditor group warns - Business News Report","description":"Stress tests designed to assess the health of European banks have not taken some systemic risks into..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/","og_locale":"en_US","og_type":"article","og_title":"European banking stress tests too soft, auditor group warns - Business News Report","og_description":"Stress tests designed to assess the health of European banks have not taken some systemic risks into..","og_url":"https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2019-07-10T14:51:10+00:00","og_image":[{"width":360,"height":160,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/canary-wharf-57ed91cf3be1b-57ed91cf5b9da-360x160.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"European banking stress tests too soft, auditor group warns","datePublished":"2019-07-10T14:51:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/"},"wordCount":208,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/canary-wharf-57ed91cf3be1b-57ed91cf5b9da-360x160.jpg","articleSection":["Business"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/","url":"https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/","name":"European banking stress tests too soft, auditor group warns - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/canary-wharf-57ed91cf3be1b-57ed91cf5b9da-360x160.jpg","datePublished":"2019-07-10T14:51:10+00:00","description":"Stress tests designed to assess the health of European banks have not taken some systemic risks into..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/canary-wharf-57ed91cf3be1b-57ed91cf5b9da-360x160.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2019\/07\/canary-wharf-57ed91cf3be1b-57ed91cf5b9da-360x160.jpg","width":360,"height":160},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/european-banking-stress-tests-too-soft-auditor-group-warns\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"European banking stress tests too soft, auditor group warns"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics & Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/126931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=126931"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/126931\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/126932"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=126931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=126931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=126931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}