It is therefore all the more important not to ease off at this point but to press on resolutely with its implementation. Delays in the timetable cannot always be avoided. But they should not lead to the envisaged reforms being watered down. Otherwise, we would be jeopardising our goal of making the financial system as a whole more resilient to crises. 4.
•  Current experience worldwide has called for robust stress testing practices in the banks. Stress testing alerts bank management to adverse unexpected outcomes related to a variety of risks and provides an indication of how much capital might be needed to absorb losses should large shocks occur.