The Financial Stability Forum (FSF); the International Monetary Fund (IMF) with their emphasis on macro prudential indicators and early warning systems have recently been active in the development of models to identify and assess potential sources of major vulnerability to the financial system.
This involves great degrees of dialogue by regulators with practitioners, to understand better current approaches to measuring risks and to encourage improvements and the sharing of best practices in stress testing techniques. The former group lacks the network for so doing and the authority.