Fed’s Brainard Supports Mandatory Disclosures to Manage Climate Risk
Speaking at an industry event today, Federal Reserve Governor Lael Brainard expressed support for mandatory climate disclosures to help measure and mitigate climate risk.
Browsing: Stress tests
Federal Reserve Issues 2021 CCAR Scenarios
The Federal Reserve today released the two hypothetical economic and financial market scenarios that it will use in the next round of the Comprehensive Capital Analysis and Review process for the nation’s largest financial institutions.
Fed Research Paper Flags Climate Change as Source of Financial Risk
Financial regulators—including the Federal Reserve—are moving to incorporate climate risk assessments in their supervisory activities, according to a new research letter published today by the Federal Reserve Bank of San Francisco.
Fed: Banks Retain ‘Strong Capital Levels’ in Second Round of 2020 Stress Tests
In the second supervisory stress test of 2020, large banks maintained strong capital levels under two separate hypothetical economic downturns, the Federal Reserve said on Friday.
Fed’s Clarida: Banks Passed ‘Ultimate Stress Test’ With Flying Colors
The banking industry was able to pass the “ultimate stress test” with flying colors in March and April as the coronavirus spread, Federal Reserve Vice Chairman Richard Clarida said today at ABA’s Unconventional Convention.
Basel Committee Considering Climate Risk Assessment Techniques
The Basel Committee on Banking Supervision is considering the use of stress tests, heat maps and scenario analysis to gauge the risks from climate change on financial institutions, Kevin Stiroh said today.
Federal Reserve Issues Scenarios for Second Round of Stress Tests
The Federal Reserve today released two hypothetical economic and financial market scenarios that it will use in the next round of bank stress tests for the nation’s largest financial institutions.
Fed Issues Large Bank Capital Requirements
The Federal Reserve today issued individual capital requirements, taking effect Oct. 1, for banks with more than $100 billion in total assets.
Fed Proposes Revisions to Capital Assessments, Stress Testing Reports
The Federal Reserve has announced temporary revisions to its Form FR Y-14A/Q/M, the Capital Assessments and Stress Testing Reports.
Fed, FDIC Provide Details on ‘Living Wills’ for Largest Banks
The FDIC and the Federal Reserve today provided information to eight large financial institutions to guide their targeted resolution plan submissions, which are due July 1, 2021.