Ms.Li L. Ong

A Guide to IMF Stress Testing

Methods and Models

The IMF has had extensive involvement in the stress testing of financial systems in its member countries. This book presents the methods and models th...

Credibility and Crisis Stress Testing

Credibility is the bedrock of any crisis stress test. The use of stress tests to manage systemic risk was introduced by the U.S. authorities in 2009 i...

A Framework for Macroprudential Bank Solvency Stress Testing

Application to S-25 and Other G-20 Country FSAPs

The global financial crisis has placed the spotlight squarely on bank stress tests. Stress tests conducted in the lead-up to the crisis, including tho...

HEAT! A Bank Health Assessment Tool

Developments during the global financial crisis have highlighted the importance of differentiating across financial systems and institutions. Assessme...

Of Runes and Sagas

Perspectiveson Liquidity Stress Testing Using An Iceland Example

The global financial crisis revealed weaknesses in the stress testing exercises performed on financial institutions and systems around the world. Thes...

FX Swaps

Implications for Financial and Economic Stability

The proliferation of foreign exchange (FX) swaps as a source of funding and as a hedging tool has focused attention on the role of the FX swap market ...