Large Bank CEOs Raise Concerns About Cybersecurity, Slowing Global Growth
Cybersecurity and the slowing of the global economy are two key issues of concern, the CEOs of the nation’s largest banks told the House Financial Services Committee today.
Browsing: Stress tests
Fed Releases Additional Information on 2019 Stress Tests
As part of its commitment to increase the transparency of the supervisory stress testing process, the Federal Reserve today released an 80-page document detailing the models and methodologies it will use for this year’s tests.
Fed to Phase Out ‘Qualitative Objection’ Component of CCAR Process
Beginning in the 2019 stress testing cycle, the Federal Reserve will limit its use of the “qualitative objection” in its Comprehensive Capital Analysis and Review exercise, the agency announced today.
Federal Reserve Issues 2019 CCAR Scenarios
The Federal Reserve today released the three 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 and foreign firms with U.S. operations
Fed Proposes Rule to Harmonize Company-Run Stress Testing Requirements with S. 2155
The Federal Reserve today issued a proposed rule that would make changes to its framework for company-run stress tests to conform with Section 401 of the S. 2155 regulatory reform law.
Quarles Outlines Changes to Expect in Stress Testing Framework
As the Federal Reserve works on finalizing its “stress capital buffer” proposal and makes continued refinements to the overall stress testing and capital planning regime, Vice Chairman for Supervision Randal Quarles today outlined several areas where the Fed governors are working to refine the process — many of which align with recommendations made by ABA.
Proposals on Community Bank Capital, Large Bank Supervision Expected by Year-End
Financial regulators will issue by year-end their proposal exempting highly capitalized community banks from the Basel III capital calculations, as directed by S. 2155, FDIC Chairman Jelena McWilliams told members of the Senate Banking Committee today.
ABA Op-Ed: Regulators Need to Revisit Bank Capital Rules
In an American Banker op-ed today, ABA EVP Wayne Abernathy and VP Hugh Carney explain why it’s time for regulators to assess and calibrate capital requirements for banks of all sizes.
Senators Urge Further Regulatory Tailoring for Banks Over $100B
In a letter to Federal Reserve Vice Chairman for Supervision Randal Quarles today, six Republican senators called on the Fed to more closely tailor regulations for banks with more than $100 billion in assets.
Agencies Grant S. 2155 Stress Testing Exemption to All Institutions Under $100B
Thanks to a joint statement by the federal banking agencies today, the Dodd-Frank Act-mandated company-run stress tests have been ended for banks, as well as bank holding companies, with less than $100 billion in assets.