| Description |
1 online resource (25 pages) |
| Series |
IMF country report ; no. 09/279 |
|
IMF country report ; no. 09/279.
|
| Summary |
1. Stress tests were undertaken as part of the Isle of Man (IOM) Financial Sector Assessment Program (FSAP) Update in order to assess the resilience of the financial system to a variety of potential strains. They complement other approaches to assessment, for example, through evaluation of the degree of observance of prudential standards, analysis of financial soundness indicators, and a decomposition of financial ratios. The value of stress testing is that it yields quantitative results that relate to specific aspects of financial sector exposures, such as exposure to various forms of market risk or credit risk. Hence, results can be broadly comparable across risk factors and, to some extent, even across countries. Stress testing is also more forward-looking and more adaptable than an analysis of financial soundness indicators and takes into account non-linearities and the interaction among balance sheet components |
| SUBJECT |
Isle of Man. http://id.loc.gov/authorities/names/n80106871
|
| Subject |
Great Britain Miscellaneous Island Dependencies -- Isle of Man
|
| Form |
Electronic book
|
| ISBN |
1280882743 |
|
9781280882746 |
|
9781451818505 |
|
1451818505 |
|
9781451882032 |
|
1451882033 |
|
