Highlights:
-
The proposed
guidance describes supervisory expectations for DFA stress-testing practices
for institutions with total consolidated assets between $10 billion and $50
billion.
-
The proposed
guidance underscores the importance of stress testing as an ongoing risk
management practice that supports an institution's forward-looking
assessment of its risks and better equips the institution to address a range
of macroeconomic and financial outcomes.
-
The proposed
guidance provides additional details to help these companies conduct stress
tests based on their size, complexity, risk profile, business mix, and
market footprint.
Distribution:
FDIC-Supervised
Banks (Commercial and Savings)
Suggested Routing:
Chief Executive Officer
Chief Financial Officer
Chief Risk Officer
Related
Topics:
Administrative Practice and Procedure, Banks, Banking, Reporting and
Recordkeeping Requirements, State Savings Associations, Stress Tests
Attachment:
Proposed
Supervisory Guidance on Implementing Dodd-Frank Act Company-Run Stress
Tests
Contact:
Ryan Sheller, Senior Large Financial Institution Specialist, rsheller@fdic.gov or (202) 412-4861
Mark Flanigan, Counsel, mflanigan@fdic.gov or (202) 898-7426
Note:
FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's Web
site at www.fdic.gov/news/news/financial/2013/index.html.
To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html.
Paper copies may be obtained through the FDIC's Public Information Center, 3501
Fairfax Drive, E-1002, Arlington, VA 22226 (877-275-3342 or 703-562-2200).
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