The Banque de France, the ACPR and the AMF launch a first system-wide stress test on interconnections within the financial system

The Banque de France, the Autorité de Contrôle Prudentiel et de Résolution (French Prudential Supervisory and Resolution Authority) and the Autorité des Marchés Financiers (AMF) are jointly launching a ‘system-wide’ exploratory stress test exercise with the main French financial institutions. This exercise is being conducted within a robust French financial system in order to better understand the interconnections and interdependencies between the various players, as well as the potential for destabilisation that could arise in a context of financial stress.