Geopolitical changes  The Maastricht Treaty was signed on 7 February 1992 by the members of the European Community by the six original members of the community – Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany – and those six countries who had joined the EC later, namely Denmark, Ireland, the UK, Greece, Portugal and Spain.
The Fed has subsequently conducted five stress test exercises that built on the success of SCAP, while making some important improvements to the stress test processes.