OCC Proposes Schedule Shift and Adjustments to Regulatory Capital Projections

The Office of the Comptroller of the Currency ("OCC") issued a proposed regulation that would adjust the timing of the annual stress testing cycle and clarify the method used to calculate regulatory capital in the stress tests.The proposed regulation also provides that covered institutions will not have to calculate their regulatory capital requirements using the advanced approaches capital methodology in its stress testing projections until the stress testing cycle beginning on January 1, 2016.

Comments are due by July 24, 2014.

See:79 FR 37231.