题目
According to the Principles for sound stress testing practices and supervision by BIS, when is stress testing especially important?
选项
A.When new regulations such as Basel III or Dodd-Frank are introduced and implemented
B.During periods of expansion or long periods of benign economic and financial conditions
C.During a corporate transaction such as a merger, especially if key executive roles are changing
D.Immediately after a market crisis because the standard models will be less useful when systemic input assumptions are depressed
答案
B
解析
During periods of expansion or long periods of benign economic and financial conditionsStress testing is a tool that supplements other risk management approaches and measures. It plays a particularly important role in: providing forward-looking assessments of risk; overcoming limitations of models and historical data; supporting internal and external communication; feeding into capital and liquidity planning procedures; informing the setting of a banks’ risk tolerance; and facilitating the development of risk mitigation or contingency plans across a range of stressed conditions. 在扩张时期或长期良好的经济和金融状况下压力测试是补充其他风险管理方法和措施的工具。 它在以下方面起着特别重要的作用：提供前瞻性风险评估；克服模型和历史数据的局限性；支持内部和外部沟通；纳入资本和流动性计划程序；告知银行风险承受能力的设定； 和促进在各种压力条件下制定风险缓解或应急计划。