CCAR
WHAT IS THIS? The Comprehensive Capital Analysis and Review (CCAR) is a stress test carried out by the US Federal Reserve. It aims to establish whether the largest banks have enough capital to cope with a severe economic shock, and vets their risk modelling practices – creating an annual cycle that has driven huge investments in staff and systems at many banks.
CCAR leaves modelling teams short of time and staff
Fed stress tests are a "perfect storm of pressure"
Consultancy of the year: EY
Consultancy firm offers joined-up approach to ERM and operational risk issues
Stress testing and model validation: application of the Bayesian approach to a credit risk portfolio
The authors of this paper develop a Bayesian-based credit risk stress-testing methodology.
Comprehensive Capital Analysis and Review stress tests: is regression the only tool for loss projection?
The authors of this paper present a cross-sectional stress test analysis of major US banks.
G-Sibs fret as Fed mulls including surcharges in CCAR
Surcharges are excluded from CCAR in 2016 but could be factored in from 2017
Creating effective revenue forecast models for CCAR using machine intelligence
Sponsored webinar: Ayasdi
Santander op risk head aims to "get off bottom rung" after CCAR fail
Bank fell short this year on qualitative op risk governance issues
Highlights from OpRisk Europe conference 2015
Exclusive coverage of London event
What if operational risk asked more 'what if' questions?
Banks and regulators urged to up their game in stress tests and scenario analysis
Op risk’s profile rising at banks, say risk managers
Business side shows more attention and understanding
Stress tests and capital adequacy: the story so far
A review of Risk.net's coverage of stress tests and oversight
Fed reassures US banks on adverse scenario choice criteria
2015 stress test plans released with milder 'adverse' scenario
Black box blues: Fed starts model validation row
"They all fall short," says one expert, as banks try to vet vendor models