BoE: Speech by Lee Foulger: The SWES: using system-wide scenario analysis to spot systemic risks
03 Dec 2024
United Kingdom
1 min read
Text of this speech of 2 December 2024 follows in which Lee Foulger sets out conclusions from the recent system-wide exploratory scenario exercise, including with regard to the way in which firms are often not able to anticipate how their counterparties, investors, or the markets they operate in, behave under severe market stress.