The European Banking Authority (EBA) published the final methodology, draft templates, and template guidance for the 2020 EU-wide stress test, which will be formally launched at the end of January 2020. The 2020 EU-wide stress test, as in 2018, is a bottom-up exercise with constraints, including a static balance sheet assumption, aimed at assessing the impact of a common set of risk drivers (credit risk – including securitisations – market risk and counterparty credit risk, and operational risk – including conduct risk) on the solvency of banks. In addition, banks are requested to project the impact of the scenarios on net interest income and to stress profit and loss and capital items not covered by other risk types. The first submission of results to the EBA will take place at the beginning of April 2020, the second submission to the EBA in mid-May 2020, and the final submission to the EBA in mid-July 2020. The results will be published by the end of July 2020.