Bankowość · 24/10/2019

FDIC Adopts Final Rule on Stress Testing Requirements for State Nonmember Banks and Savings Associations

The FDIC has finalized a rule updating its stress testing regulations for state nonmember banks and savings associations, increasing the minimum threshold for applicability to $250 billion and reducing the number of required stress testing scenarios from three to two, in line with the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA).