A CCP shall evaluate the sources of testing exceptions highlighted by its stress tests.

Stress testing should consider a range of scenarios, including a combination of stress events and a protracted global recession.

A CCPs stress tests shall consider the liquidation period as provided for in Article 26.

For example, stress tests should take account of liquidity and solvency risks of financial conglomerates.

Mechanisms of surplus value and mechanisms of crisis are thus indivisibly related.

3 ° the compliance with article 467, targeted resistance tests can be integrated at the level of the financial conglomerate in the resistance tests required on the basis of article 322.

The Netherlands submits that the bank has passed all stress tests of its supervisor as regards liquidity.

practices in centralised group risk management and functioning of group internal models including stress testing

The time horizons used for stress tests shall be defined in accordance with Chapter VII and shall include forward-looking extreme but plausible market conditions.

The plan should include measures to address possible requirements emerging from stress testing.

A CCP shall publicly disclose key information on its risk-management model and assumptions adopted to perform the stress tests referred to in paragraph 1.

The stress test shall be commensurate with the nature, scale and complexity of the risk inherent in the securitisation positions.

Stress-testing shall consider a ranged of scenarios, including a combination of events of stress and a protracted global recession.

Where stress tests and scenario analysis reveal particular vulnerability to a given set of circumstances, AIFMs should take prompt steps and corrective actions.

What stress testing would be conducted as well as the frequency of stress testing and plan valuations, subject to the regulations;