← Independent regulator rules (SEC/Fed/FDIC/SBA/FTC/NCUA/CPSC/FHFA/EEOC/NLRB)

Company-Run Stress Testing Requirements for FDIC-Supervised State Nonmember Banks and State Savings Associations

FDIC · final-rule · Published 2019-10-24 · Effective 2019-11-25 · 84 FR 56929

Document

Document number
2019-23036
Federal Register citation
84 FR 56929
CFR reference
12 CFR 325
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Deposit Insurance Corporation
Publication date
2019-10-24
Effective date
2019-11-25

Abstract

The Federal Deposit Insurance Corporation (FDIC) is adopting a final rule to amend the FDIC's company-run stress testing regulations applicable to state nonmember banks and state savings associations, consistent with section 401 of the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA). Specifically, the final rule revises the minimum threshold for applicability from $10 billion to $250 billion, revises the frequency of required stress tests by FDIC- supervised institutions, and reduces the number of required stress testing scenarios from three to two. The final rule also makes certain conforming and technical changes.

Source

Authoritative
Federal Register document
Machine
JSON-LD · Markdown