02056cas a2200265 a 4500 AALejournalIMF006915 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455210893 1018-5941 BD-DhAAL BD-DhAAL Ong, Li. Into the Great Unknown : Stress Testing with Weak Data / Li Ong, Rodolfo Maino, Nombulelo Braiton. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (22 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Stress testing has become the risk management tool du jour in the wake of the global financial crisis. In countries where the information reported by financial institutions is considered to be of sufficiently good quality, and supervisory and regulatory standards are high, stress tests can be of significant value. In contrast, the proliferation of stress testing in underdeveloped financial systems with weak oversight regimes is fraught with uncertainties, as it is unclear what the results actually represent and how they could be usefully applied. In this paper, problems associated with stress tests using weak data are examined. We offer a potentially more useful alternative, the "breaking point" method, which also requires close coordination with on-site supervision and complemented by other supervisory tools and qualitative information. Excel spreadsheet templates of the stress tests presented in this paper are provided. Mode of access: Internet Braiton, Nombulelo. Maino, Rodolfo. IMF Working Papers; Working Paper ; No. 2010/282 Full text available on IMF http://elibrary.imf.org/view/journals/001/2010/282/001.2010.issue-282-en.xml IMF e-Library