Bankowość · 15/06/2011

Federal Agencies Request Comments on Proposed Stress Testing Guidance for Large Banks

The Office of the Comptroller of the Currency (OCC), Federal Reserve Board, and Federal Deposit Insurance Corporation (FDIC) are seeking public comment on a proposed joint guidance outlining principles for stress testing practices for banks with over $10 billion in assets, emphasizing the importance of ongoing risk management and forward-looking assessments.