Bankowość · 15/11/2012

Policy Statement on the Principles for Development and Distribution of Annual Stress Test Scenarios

The Office of the Comptroller of the Currency (OCC) has released an interim guidance outlining the principles for developing and distributing annual stress test scenarios for covered institutions under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The OCC will provide the required scenarios to these institutions by November 15th of each year, using a minimum of three scenarios: baseline, adverse, and severely adverse.