Three U.S. federal bank regulators are seeking comment on proposed guidance describing supervisory expectations for stress tests conducted by financial companies with total consolidated assets between $10 billion and $50 billion. These medium-sized companies are required to conduct annual company-run stress tests beginning this fall under rules the agencies issued in October 2012 to implement a provision in the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). To help these companies conduct stress tests appropriately scaled to their size, complexity, risk profile, business mix, and market footprint, the Federal Reserve Board, the Federal Deposit Insurance Company and the Office of Comptroller of the Currency the agencies are proposing guidance to provide additional details tailored to these companies. The stress test rules allow flexibility to accommodate different approaches by different companies in the $10 billion to $50 billion asset range. Consistent
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