Guidelines for common procedures and methodologies for the supervisory review and evaluation process (SREP) and supervisory stress testing

The Guidelines for common procedures and methodologies for the supervisory review and evaluation process (SREP) and supervisory stress testing will be applied in the supervision of all institutions across the Union and represent a major step forward in forging a consistent supervisory culture across the single market. These Guidelines provide a common framework for the work of supervisors in their assessment of risks to banks’ business models’, their solvency and liquidity as well as the conduct of supervisory stress testing.