EBA publishes its Peer Review on the performance of stress tests by Deposit Guarantee Schemes

The review found that all seven DGSs have effectively developed their stress testing programmes in line with the guidelines, with only minor shortcomings. All seven DGSs have also demonstrated effective cooperation with relevant authorities, with robust stress testing of these arrangements.  

However, only five of the seven DGS could fully or largely demonstrate that they have: 

• performed all the mandatory core stress tests, using realistic assumptions and conducting objective evaluations; 

• increased severity and complexity of their testing scenarios to adequately stress test their ability to intervene; and 

• identified areas for improvement in their systems and have taken or planned actions to address these areas. 

The Report outlines follow-up measures addressed to all EU DGSs in areas such as the prompt development of stress tests, performance of stress tests, cooperation, severity and complexity of stress tests, and identification of areas for improvement. 

In addition to the detailed review of the seven DGSs, the Report presents an overview of the 194 stress tests conducted by all DGSs in the EU, Norway, and Liechtenstein during the 2021-2024 period.  

​Legal basis and next steps 

In accordance with Article 4 of the Deposit Guarantee Schemes Directive1, based on the results of the stress tests, the EBA shall, at least every five years, conduct peer reviews pursuant to Article 30 of Regulation (EU) No 1093/2010 in order to examine the resilience of DGSs. Article 30 of the EBA Regulation requires the EBA to periodically conduct peer reviews of some or all of the activities of competent authorities within its remit, to further strengthen consistency and effectiveness in supervisory outcomes. 

The EBA will conduct a follow-up peer review of the implementation of the measures included in the Report in two years, ensuring that the findings and recommendations are effectively addressed.