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UK private markets could be next in line for stress test, BOE official suggests

By Sofia Gerace ( December 3, 2024, 10:00 GMT | Insight) -- UK private markets represent a sector ripe to be subjected to a Bank of England exploratory test to assess whether it could sustain a greater than expected shock from challenging financial market conditions, a central bank official has suggested. Results of the central bank's first exploratory test, which assessed banks and non-banks, were released last Friday.UK private markets could be the next sector to undergo a Bank of England exploratory test to assess whether it could sustain a greater than expected shock from challenging financial market conditions....

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