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Stress Testing of Regulated Entities

FHFA · final-rule · Published 2020-03-24 · Effective 2020-03-24 · 85 FR 16528

Document

Document number
2020-05476
Federal Register citation
85 FR 16528
CFR reference
12 CFR 1238
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Housing Finance Agency
Publication date
2020-03-24
Effective date
2020-03-24

Abstract

The Federal Housing Finance Agency (FHFA) is adopting a final rule that amends its stress testing rule, consistent with section 401 of the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA). These amendments adopt the proposed amendments without change to modify the minimum threshold for the regulated entities to conduct stress tests increased from $10 billion to $250 billion; removal of the requirements for Federal Home Loan Banks (Banks) subject to stress testing; and removal of the adverse scenario from the list of required scenarios. These amendments align FHFA's rule with rules adopted by other financial institution regulators that implement the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) stress testing requirements, as amended by EGRRCPA.

Source

Authoritative
Federal Register document
Machine
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