The European bankinc authority has given a glimpse into the EU-wide stress tests that will be set for banks in 2016. It has also provided a draft sample of the 109 banks taking part in the separate transparency exercise later this year. "Notably, the 2016 exercise will be based on a constrained bottom-up approach, including a static balance sheet assumption and wide risk coverage to assess EU banks' solvency," it said in a statement. It added that next year's test would feature many aspects of the 2014 exercise.
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