Summary: |
The federal banking agencies are
issuing proposed interagency stress-testing guidance outlining principles for
implementation of stress tests as mandated by Section 165(i)(2) of the
Dodd-Frank Wall Street Reform and Consumer Protection Act
(DFA). This
guidance is applicable to all FDIC-supervised banks and savings associations with at
least $10 billion but less than $50 billion in total consolidated assets. The
guidance sets forth supervisory expectations for DFA stress-test practices and
provides information about methodologies these institutions should use.
Statement of Applicability to Institutions Under $1 Billion in Total Assets: This Financial Institution Letter is not applicable to FDIC-supervised banks and savings associations with total assets less than $1 billion. |
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Additional Related Topics:
- Administrative Practice and Procedure, Banks, Banking, Reporting and Recordkeeping Requirements, State Savings Associations, Stress Tests