Subscriber-led agendas at several Q4 2025 Scenario Working Group sessions were an opportunity for the community to discuss a number of scenario practice topics and share organisational approaches and current challenges across various process areas.
Here, we provide a summary of the main takeaways from discussions of three different topics raised by subscribers:
- The treatment of opportunity costs in scenario analysis
- Organisational structures for deriving risk management actions from scenario work, including via dedicated business-level risk management scenario programmes
- Current approaches to frequency estimation

