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Stress_case_management_actions
Stress Case Management actions are those actions that can be taken in the Annual cyclical over and above any BAU actions. It should not be embedded in the forecasts i.e. these are actions that the firm could take under stress. If the impact is Profit or loss related (e.g. profit after tax) then the impact should be the incremental year-on-year number without any second order impacts such as threshold deductions and tax impact for pre tax revenue and expense lines. If it is an RWA or other capital resources or instruments impact, the cumulative number should be stated without any second order impacts. Including the capital effect of a Profit or loss impact on other capital resources (e.g. because retained earnings increases CET1) will lead to the impact being double counted, as the CET1 impact should exclude any Profit or loss impact. Completion of the Stress Case management actions worksheet is mandatory. Management action number should be reported as an integer for every individual management action. You should also report the total of all management actions which would be the sum of the individual management actions that you would invoke should this stress occur, which reconciles to your final post SMA stress test results signed-off by your governance structure. This should exclude any 2nd order impacts as above. When reporting the Total management actions please report "Total" in Management action Description and report 0 in Management action number.