16 Our simulations suggest that in response to this shock household arrears rates could rise significantly, from 0.4 per cent in 2014 to reach as high as 1.8 per cent after three years. About 20 per cent of this estimated rise would be attributable to the increase in debt and its greater concentration among highly indebted households since 2007.
5  BIS Review 37/1999  From a broad perspective, the guidance advises banking institutions to focus sufficient resources on ensuring the adequacy of all elements of their counterparty credit risk management systems, especially for activities, business lines and products experiencing significant growth, above normal profitability or risk profiles, and large potential future exposures.