Brussels, 25/11/2010 (Agence Europe) - On Thursday 25 November, a spokesperson for EU Internal Market Commissioner Michel Barnier said that the European Commission and the European Bank Supervisors' Committee (CEBS) are in the process of revising the methodology used for bank stress tests, changing parameters such as banks' exposure to sovereign debt and liquidity and capital levels. From 2011 onwards, stress tests will be carried out each year under the control of the European Banking Authority (EBA). During the latest stress tests in the EU (see EUROPE 10187), only Bank of Ireland and Allied Irish Bank were tested by the Irish bank supervision authority, but not Anglo Irish Bank. Barclays says that if sovereign debt in the banking book were given the same rating as the sovereign debt in the trading book, then 22 banks - including Allied Irish Bank - of the 91 EU banks would have failed the stress tests rather than 7. (M.B./transl.fl)