in full as we would like. But there is certainly a positive poland telegram data effect – the PVFU at least encourages banks to look critically at their business model, think about its vulnerabilities and what the bank can do in case of stress.
Despite the rather difficult situation
in 2022-2023, we continued to fine-tune the instrument. Twice, on the eve of the next cycle of submitting the PVFU to the Bank of Russia, we sent methodological recommendations on their development, including taking into account the experience of the 2022 shocks. The key to the recommendations is the standardization of the presentation of information and the compilation of the PVFU, the disclosure of the essence of the proposed measures and the justification of their feasibility.
Our plans include reviewing the requirements
The content of the PVFU, which are currently quite general. We will detail the requirements for financial stability restoration activities, introduce the need to test key risks under stress scenarios, determine chromecast is a compact streaming the minimum stress depth, set a minimum set of stress indicators, and work on the issue of PVFU being more integrated into the bank’s current and anti-crisis management system.
We discussed these improvements with the banking community agb directory at the end of last year. This year, we plan to complete the development of a regulatory act so that from 2025 all SZKOs submit the PVFU according to the new rules.