Banking System: System-Wide Stress Tests within the process of Equivalence of the Prudential Regulatory and Supervisory framework between Angola and the European Union

The report describes the activities developed during the internship at EY, which focused on the ongoing project of the BNA to align the Angolan prudential framework with the EU (European Union) framework, with a view to obtaining recognition of equivalence by the EC (European Commission). In this context, the activities carried out focused on the methodological design of a stress test exercise with application on the system and to be executed annually by the BNA in the context of the SREP. The reference for this exercise is the stress tests conducted by EBA and the ECB. However, it was not possible to conclude results since the report was written before the system-wide stress tests were implemented.