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Insurers to take part in Bank of England’s new system-wide exploratory scenario exercise

By 2023-06-21T12:03:00

stability concept, gold

’We regularly run scenario exercises with a variety of firms, which support our efforts to protect and enhance the stability of the UK financial system,’ says deputy governor

The Bank of England (BoE) has launched its first system-wide exploratory scenario (SWES) exercise to better understand how banks and non-bank financial institutions’ (NBFIs) behaviours interact to impact the UK’s financial stability.

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