On Friday 17 November, the European Banking Authority (EBA) published its final methodology for the 2018 stress tests to be applied to 49 European banks, or 70% of the EU banking sector.
The final methodology does not feature any major changes compared to the draft version published by the authority at the end of June (see EUROPE 11804). For the first time, it includes the impact of the implementation of the international financial standard IFRS 9, for instance in terms of the accounting...