( June 19, 2026, 08:00 GMT | Official Statement) -- MLex Summary: The Bank of England has said its hypothetical scenario for stress testing private markets assets would be a severe, but plausible, global macro-economic recession over a five-year period. The so-called system-wide exploratory scenario, or SWES, aims to help understand how banks and non-banks in private markets would respond to a severe global downturn, how their actions interact at a system level, and whether these interactions could amplify stress across the financial system, it said.Statements are attached....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.