The Central Bank of Ireland recently enhanced its framework for evaluating its financial buffers, incorporating a broader risk-based assessment, its latest quarterly bulletin explains.
The central bank introduced an annual exercise that simulates one or more stress scenarios over a five-year period to model the potential risks to its balance sheet. Current risk provisions are added to the simulation results to identify a recommended level of buffers.
Additionally, the central bank has incorpor
- BoE sparks controversy over expenses disclosure
- Riksbank says all banks should be ‘obliged’ to continue cash services
- Cyprus ex-governor says authorities asked for false audit of failed bank
- Norwegian government recommends Norges Bank retain control of SWF
- Iranian central bank looking for alternative to Swift, local media says