OCC Proposes Annual Stress Test Reporting Requirements for Covered Institutions with Consolidated Assets of $50 Billion or More

The OCC published a proposed rule for comment in the Federal Register regarding annual stress test reporting. The bank regulators' views as to the benefits of "stress testing" were discussed at moderate length in FSOC's first annual report on the stability of the financial system, particularly in Chapter 6 of that Report. (The report is linked to a news item dated July 19.)

Comments Due: October 15, 2012

Cross-Reference(s): Dodd-Frank Act Section 165(i)(2).

View in full here (links externally to OCC website).