LONDON - Britain's major banks all passed the Bank of England's annual stress tests for the the first time since their introduction in 2014, the central bank said on Tuesday morning, adding that UK lenders would be alright even in the event of a «disorderly» Brexit. (businessinsider.com)
Under Dodd - Frank, every bank with more than $ 50 billion worth of assets on its balance sheet must submit to annual stress tests administered by the Federal Reserve, which then determines if they would survive a hypothetically severe crisis akin to the one in 2008. (newsweek.com)
In particular, a new global regulatory framework called Basel III was established requiring banks to maintain capital adequacy, perform annual stress tests and assess market liquidity risks. (investopedia.com)